Senior Sales Executive F&I

Department Icon Business Development / Sales
Posted: 1 year ago
7-10 years
Dubai - United Arab Emirates
Business Development / Sales
Work from Office
Full Time

Posted: 1 year ago
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Job Description

Senior Sales Executive Finance & Insurance (F&I) | Drive Seamless Vehicle Purchase & Ownership Experience

Are you a seasoned professional in automotive finance and insurance solutions? We are seeking a Senior Sales Executive F&I to lead showroom-based financial operations and ensure that customers are provided with tailored finance and insurance products. This role requires a results-driven individual with deep knowledge of F&I processes, customer engagement, and regulatory compliance to enhance profitability and customer satisfaction.

I. Purpose

  • Control the finance and insurance transactions in the showroom.
  • Ensure customers are provided with informed financing and insurance options in a seamless and professional manner.

II. Job Responsibilities/Accountabilities

  • Handle the financial aspects of customer needs when purchasing new or used vehicles.
  • Recommend appropriate Finance and Insurance options and provide full information for informed decision-making.
  • Build and maintain strong relationships with product suppliers to ensure competitive offerings.
  • Protect and enhance Customer Service Index (CSI) by delivering exceptional service.
  • Coordinate with sales executives and customers to collect all documents required for finance processing.
  • Process finance deals with panel banks and secure approvals within stipulated timelines.
  • Ensure accurate F&I accounting and achieve monthly financial product targets.
  • Maintain a daily control log to track all finance and insurance product transactions.
  • Prepare and submit collections documentation to banks, follow up on pending payments, and maintain ageing control as per policy.
  • Renew existing motor insurance policies and meet monthly renewal targets.
  • Monitor and account for selection items (display items) in SAP and conduct periodic stock verification.
  • Submit sales deal documentation and insurance debit/credit notes to Head Office weekly.
  • Process insurance refunds accurately and timely.
  • Implement policies and procedures to minimize fraud and errors in financial transactions.
  • Assist with internal and statutory audits as needed.
  • Perform additional responsibilities as assigned by the Finance and Insurance Manager.

III. Position Qualifications

Education

Bachelor s degree in Sales, Marketing, or Business Administration

Experience

5 7 years of relevant experience in automotive finance and insurance or a related field

Languages

Fluency in English is essential; Arabic is preferred

Software

Proficient in Microsoft Office

Skills

SalesCustomer SatisfactionSales Executive

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