21 Oct
Bluespec Holdings
Sandton
Key Performance area
Sell approved finance and insurance products:
- Keep up to date with all relevant finance and insurance products.
- Identify individual customer financial and insurance needs.
- Offer specialized finance and insurance products to new customers at a profitable second gross profit rate.
- Ensure accurate completion of finance and insurance application form.
Ensure final check and dealer internal delivery requirements have been adhered to:
- Give final release of each and every approved transaction (cash and financed).
- Ensure all conditions and requirements from either bank or insurance company has been fulfilled
- Ensure that all deposits or cash has been paid.
- Ensure that release note has been issued for financed deals.
Manage the relationship between the customer and the bank / insurance provider:
- Establish and maintain good professional and effective relationships with banks, insurance and other providers.
- Consult and advise customers on Finance & Insurance products available.
- Accurately and thoroughly complete and forward all applications to banks and insurance providers.
- Review all collected Natis documents for trade inns.
- Participate in the F&I; Retention program to maximize opportunities that arise from End of Term or Early Settlements.
Comply to statutory requirements:
- Ensure that the dealership complies with all requirements as set out by the NCA, FAIS and FICA acts.
- To ensure that any person acting on behalf of the dealership or a representative of any other provider do so in accordance to the fit and proper requirements as set out in the acts.
- Ensure that the dealership comply to all compliance arrangements, record keeping and auditing requirements as prescribed in the acts.
Monitor finance and insurance product sales progress:
- Update daily progress report of Second Gross Sales on DOC (Daily Operating Control).
- Review basic monthly statistics of market penetration at banks and insurance providers.
Administration of finance and insurance data:
- Compile and submit files with required documentation to financial institutions.
- Ensure that all transactions are followed up and paid out as soon as possible after delivery.
▶️ Finance and Insurance Manager
🖊️ Bluespec Holdings
📍 Sandton