Finance And Insurance Advisor

Job description / Role

Functional roles and responsibilities

• Carry out F&I procedures in accordance with pre-agreed processes so that targets for new finance & insurance and renewal insurance are met on a monthly basis throughout ATM.

• Identify customer needs, recommend F&I options, provide complete information to ensure customers make an informed choice.

• Liaise with all the sales departments to ensure all the retail customers are offered and quoted F&I options prior to conclusion of the deal.

• Prepare quotations for the customer deals and file all the records appropriately.

• Ensure that customers are fully informed regarding terms and conditions of each contract and are aware of any exclusions or benefits that may be relevant prior to purchase.

• Collect all proofs required by the supporting bank and secure the credit line prior to a vehicle being released by the sales department.

• Reconcile the commission payable from supporting banks against each deal and keep a financial control log on a daily basis.

• Keep records of each deal on the sales floor and monitor the commission, type of referral, the original funding source and the conversion rate for each individual salesperson.

• Provide information on individual salesperson achievement regarding F&I penetrations and referral grades to the showroom/sales manager on a periodic basis.

Education/certification and continued education

• Degree in any discipline or through automotive vocational route.

Years of experience

• 3–4 years solid experience in car sales, finance or insurance markets in association with the motor industry as a whole or GCC market.

Knowledge and skills

• Good attention to detail, process driven and efficient planning and organizing skills.

• A pleasing personality is needed as you will be communicating with customers at all levels, preferably bilingual (Arabic and English).

About the Company

Established in 1979, Al Tayer Group is a privately-held, diversified company with operations in 12 countries in the Middle East and beyond. With over 7,800 employees from 95 different nationalities, the Group has its headquarters in Dubai, UAE.

Al Tayer Group operates leading, quality-focused businesses in automobile sales and service, luxury and lifestyle retail, perfumes and cosmetics distribution, engineering as well as interiors contracting. The Groups portfolio includes several of the worlds leading brands such as Armani, Bvlgari, Banana Republic, Ford, Ferrari, Gucci, Gap, Harvey Nichols and Maserati. The Group operates over 180 stores across multiple markets in the Middle East. In addition, Al Tayer Group has investments in commercial real estate, contracting, supply chain management, precision tools manufacturing and travel agency services.