Al Futtaim Group

Finance & Insurance Manager

  • Saudi Arabia
  • Al Futtaim Group
  • Posted date: 1 month before
  • End date: 2024-03-14

Job Title: Finance & Insurance Manager

Job In Saudi Arabia

Company: Al Futtaim Group

Start Date: 2024-01-14

End Date: 2024-03-14

Job Description

Finance & Insurance Manager | Al Futtaim Automotive | Electric Mobility

Overview of the role:

As the Finance and Insurance Manager within a dealership in Saudi Arabia, your primary focus is to efficiently manage the F&I (Finance & Insurance) process and drive sales. This includes achieving both personal and team targets set by the business. Your responsibilities encompass facilitating the sale of the maximum number of new and used vehicles, optimizing the sales of value-added products, and enhancing the sales of both conventional and Islamic Finance products. The ultimate goal is to maximize profits for the company while ensuring customer engagement remains paramount. You will take ownership of the end-to-end F&I (Finance & Insurance) performance and results, ensuring effective recording of customer data on our system, and managing the documentation flow between our business and banks. 


What you will do:   

•   Be able to demonstrate the skills, knowledge and controls required to manage 

•   Work with the Branch Sales Manager to deliver and grow F&I (Finance & Insurance) revenue

•   Adhere to SOP’S (Standard Operating Procedures) to deliver expected IPRU (Income Per Retail Unit) & KPI levels set for the Brand and Branch

•   Ensure all customers are second faced 100% of the time

•   Ensure customers are given the world’s warmest welcome and are made to feel special. Be transparent at all times and make the buying experience easy and personal always

•   Ensure that quality time is spent with customers by asking relevant questions. Record the answers on system to allow the correct selection of vehicle and value added products for every customer

•   Have a meeting with the Sales Executives to discuss vehicle and value added product selection for individual customers 

•   Coach the Sales Executives through the structure of the offer to be presented to the customer.

•   Second face every customer before they leave the showroom.

•   Maintain and develop relationship with new and existing customers to ensure continued customer loyalty to the brand.

•   Ensure you and your Sales Executives are fully trained in products processes and systems required to achieve targets.

•   Ensure you are aware of all competitor products by doing mystery shopping exercises and collecting data directly from competitor showrooms.

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