The Finance & Insurance Manager is responsible for producing additional revenue for the dealership by selling finance and insurance programs to new and used car customers. ESSENTIAL DUTIES: * Treat ...
The Finance & Insurance Manager is responsible for producing additional revenue for the dealership by selling finance and insurance programs to new and used car customers. ESSENTIAL DUTIES: * Treat ...
Description The Finance & Insurance Manager is responsible for producing additional revenue for the dealership by selling finance and insurance programs to new and used car customers. ESSENTIAL ...
Description The Finance & Insurance Manager is responsible for producing additional revenue for the dealership by selling finance and insurance programs to new and used car customers. ESSENTIAL ...
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Insurance Program Manager information
See Pharr, TX salary details
$31.2K - $40K
5% of jobs
$40K - $48.7K
6% of jobs
$48.7K - $57.5K
9% of jobs
$62.9K is the 25th percentile. Wages below this are outliers.
$57.5K - $66.2K
6% of jobs
$66.2K - $74.9K
5% of jobs
$74.9K - $83.7K
6% of jobs
$83.7K - $92.4K
5% of jobs
The median wage is $94.1K / yr.
$92.4K - $101.2K
31% of jobs
$101.5K is the 75th percentile. Wages above this are outliers.
$101.2K - $109.9K
7% of jobs
$109.9K - $118.6K
15% of jobs
$118.6K - $127.4K
3% of jobs
$31.2K
$87.2K
$127.4K
How much do insurance program manager jobs pay per year?
What is the difference between Insurance Program Manager vs Insurance Underwriter?
| Aspect | Insurance Program Manager | Insurance Underwriter |
|---|---|---|
| Credentials | Typically requires a bachelor’s degree in business, finance, or related field; professional certifications like CPCU or ARM are common | Requires a bachelor’s degree in finance, economics, or related field; certifications like CPCU or AINS are often preferred |
| Work Environment | Manages insurance programs, collaborates with teams, and oversees policy development | Evaluates risks, reviews applications, and determines policy terms and pricing |
| Employer & Industry Usage | Used in insurance companies, brokers, and agencies for program oversight | Found in insurance companies, underwriting firms, and brokers for risk assessment |
The Insurance Program Manager focuses on managing and coordinating insurance programs, ensuring they meet business goals. In contrast, the Insurance Underwriter evaluates individual risks to determine policy terms. Both roles require similar credentials and are integral to the insurance industry, but they differ in daily responsibilities and focus areas.
What are some common challenges faced by Insurance Program Managers, and how can they be addressed?
What are the key skills and qualifications needed to thrive as an Insurance Program Manager, and why are they important?
What does an Insurance Program Manager do?
Full-time
Medical, Dental, Vision, Retirement, PTO
Posted 19 days ago
Job description
The Finance & Insurance Manager is responsible for producing additional revenue for the dealership by selling finance and insurance programs to new and used car customers.
ESSENTIAL DUTIES:
- Treat customers in accordance with dealership policies.
- Ensure that the proper follow-up schedule is attached to all completed sales.
- Ensure that all necessary customer satisfaction forms have been completed and turned in.
- Work with the service department to provide additional warranty information as necessary.
- Work with sales staff on computer follow-up system.
- Maintain daily log sheet and tabulate total, share with sales manager.
- Sell financing and credit life, accident and health insurance to customers.
- Establish and maintain good working relationships with several finance sources, factory and otherwise.
- Keep the general manager and sales manager apprised of all special programs sponsored by any financial source.
- Submit paperwork to and obtain approval from finance sources on all finance deals.
- Instruct salespeople in the methods of selling financing.
- Work with sales manager to secure a reasonable profit from every sale.
- Set up finance forecasting in conjunction with sales department forecasting to achieve a desired percent of penetration and income.
- Attend managers’ meetings.
- Seek insurance companies for insurance paper.
- Maintain insurance files.
- Acquire/maintain licenses for selling insurance.
- Maintain a daily operating control.
- Prepare monthly penetration reports on finance penetration and share with sales manager.
- Check all paperwork for correct in title, lien information, taxes, etc.
- Establish and meet monthly objectives.
- Assist sales manager in the “outside call” program.
- Prepare and participate in sales meetings.
- Work with sales staff in negotiating a sale in the sales manager’s absence.
- Monitor alternately with sales manager the lot traffic and compare with daily log sheet.
- Maintain a thorough knowledge of the policies and procedures of the sales department.
- Must be 21 years old or older.
- Must have a Valid Texas Driver License
- Must pass a hair follicle drug screening.
- Must pass a background check screening.
EMPLOYMENT BENEFITS INCLUDE:
- Paid Vacation and Holidays
- 401(K)
- Vision Insurance
- Dental Insurance
- Medical Insurance