Finance and Insurance Coordinator

Qualifications:

• Bachelor's degree in Business, Finance, Accounting or Mathematics
• Knowledge of dealership finance and insurance procedures is a plus
• Excellent verbal/written communication, strong negotiation and presentation skills
• Must possess the ability to ask for the sale and follow through
• Highly detail-oriented and organized
• Background in banking industries is a plus
• Proficient with computer applications
• Ability to establish and nurture beneficial business relationships
• Analytically and mathematically minded to analyze data and create necessary reports

Duties & Responsibilities

• a. Evaluate the Profile of applying clients for auto loans if they meet the bank partners' parameters
• or not
• b. Provide options to improve the application form and the profile of the client as needed by:
• 1. Suggesting an additional co maker
• 2. Suggesting to indicate additional sources of income (if any)
• c. Ensure the completeness of SOI (Source of Income) documents from the client/s as proof of
• their income
• d. Submission of qualified application form together with the SOI documents to the bank partners
• e. Serves as the single point person for application concerns and status in the handled dealerships
• f. Continuous coordination with the banks' account officers regarding the status of the submitted
• applications thru email, phone calls and other means of communication
• g. Build an excellent business relationship with the bank partners
• h. Ensures timely update on the application status with the Sales team
• i. Receive the CREDIT ADVICE from the bank partners, inform the sales department, provide them
• copy (no signature), countercheck the AOR and DI rates indicated on the approval
• j. Indicate the breakdown of incentives on the CA and endorse it to the AR admin or releasing
• admin for release preparation with his/her affirmation or signature as proof that the approval is
• valid and legit
• k. Indicate the breakdown of incentives on the CA and endorse it to the AR admin or releasing
• admin for release preparation with his/her affirmation or signature as proof that the approval is
• valid and legit
• l. directly reporting to the F&I director
• AS INSURANCE COORDINATOR
• 1. Telemarketing, cold calling, using referrals to meet the monthly target
• 2. Compute and offer insurance quotations from the official Insurance company partners.
• 3. Maintain bookkeeping systems, database and records pertaining to the customers and
• collection of payment etc.,
• 4. Keep record of the list of clients who availed the renewal of insurance from the official insurance
• partners
• 5. Monitor insurance claims to ensure mutual satisfaction
• 6. Ensure that the renewed insurance policy be transmitted to the bank partners in a timely
• manner (prior expiration or 1 month after expiration