Finance & Insurance Manager Western Cape, Paarden Eiland

Western Cape, South Africa

Job Description

Duties include

  • Arrange vehicle finance and insurance for customers, explaining products, value-adds, and extended warranties in detail.
  • Process financing and leasing deals with accuracy, ensuring prompt bank finance approvals.
  • Secure and finalise contracts, ensuring all documentation is correctly completed and signed.
  • Ensure all vehicles are delivered and paid for by the respective banks within the agreed timeframe.
  • Stay up to date with regulations affecting vehicle financing and ensure compliance with FAIS, FSCA, and NCA
  • Sell approved add-on products (warranties, service plans, insurance products) to maximise dealership gross profit.
  • Build and maintain strong relationships with financial institutions and insurance companies.
  • Conduct credit checks, affordability assessments, and ensure all transactions meet legal and financial standards.
  • Prepare and submit finance applications to banks, tracking progress and ensuring approvals are obtained efficiently.
  • Train and guide sales staff on finance and insurance procedures, promoting F&I products effectively.
  • Monitor and report on F&I performance metrics, including penetration rates and profit margins.
  • Handle customer queries and concerns, providing expert advice on finance and insurance options.
  • Build and maintain customer relationships by ensuring the highest level of customer care.
Requirements:
  • Minimum of 3-5 years experience as a Finance and Insurance (F&I) Manager within the motor dealership environment.
  • Strong knowledge of vehicle brands and dealership operations (e.g., Chery, Suzuki, Haval).
  • NQF 4 FAIS Qualification, RE Accreditation, and NCA Accreditation (legislative requirements).
  • Proven ability to consistently achieve and exceed sales and finance targets.
  • Excellent understanding of F&I products, finance structuring, and compliance requirements.
  • Ability to work under pressure, handling high volumes of deals per month with precision.
  • Exceptional communication, negotiation, and customer relationship skills.
  • High level of integrity and professionalism, with a clear criminal and credit record.
  • Grade 12 / Matric qualification (relevant tertiary qualifications will be an advantage).
  • Valid South African Drivers License.
  • Strong administrative skills, with attention to detail and accuracy in contract processing.
  • Tech-savvy with experience using dealer management systems (DMS) and digital finance platforms.
  • Automotive experience.
If your current experience and skillsets tick majority of the job specification boxes, then:
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Job Detail

  • Job Id
    JD1574115
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Western Cape, South Africa
  • Education
    Not mentioned