Overview
Automotive Senior Sales Executive – Finance & Insurance (F&I)
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.
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.
Job Responsibilities:
- 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.
Qualifications :
- Bachelor’s degree in Sales, Marketing, or Business Administration
- 5–7 years of relevant experience in automotive finance and insurance or a related field
- Proficient in Microsoft Office
About Ali & Sons Holding LLC
Our multi-branded portfolio bridges the industrial, commercial and retail worlds. Exemplifying the diverse economy of the UAE, we operate in Contracting, Manufacturing, Oil & Gas, Marine Engineering and Commercial under our industrial segment.