Finance & Insurance Advisor - Dubai & Abu Dhabi

Role Overview

Finance & Insurance Advisor with Al Tayer Group in Dubai and Abu Dhabi, UAE. The role offers, sells, and administers Finance and Insurance (F&I) products to achieve finance and insurance penetration targets and enhance the sales process on the sales floor.

Role Purpose

To drive F&I product sales and customer uptake across the dealership network by identifying customer needs, recommending tailored F&I options, managing the complete sales and documentation cycle, and monitoring performance against monthly penetration and renewal targets.

Key Responsibilities

Finance & Insurance Sales

• Carry out F&I procedures in accordance with pre-agreed processes to meet targets for New Finance & Insurance and Renewal Insurance on a monthly basis throughout ATM.
• Identify customer needs, recommend F&I options, and provide complete information to ensure customers make informed choices.
• Liaise with all Sales departments to ensure all retail customers are offered and quoted F&I options prior to conclusion of the deal.
• Prepare quotations for customer deals and file all records appropriately.

Customer Compliance & Communication

• Ensure customers are fully informed regarding terms and conditions of each contract and are aware of any exclusions or benefits that may be relevant prior to purchase.

Finance & Administration

• Collect all proofs required by the supporting bank and secure the credit line prior to a vehicle being released by the sales department.
• Reconcile commission payable from supporting banks against each deal and keep a financial control log on a daily basis.

Reporting & Performance Monitoring

• Keep records of each deal on the sales floor and monitor commission, type of referral, original funding source, and conversion rate for each individual salesperson.
• Provide information on individual salesperson achievement regarding F&I penetrations and referral grades to the Showroom/Sales Manager on a periodic basis.

Qualifications & Experience

• Degree in any discipline or through automotive vocational route.
• 3–4 years solid experience in car sales, finance, or insurance markets in association with the motor industry as a whole or GCC market.

Skills & Competencies

• Good attention to detail, process driven approach.
• Efficient planning and organizing skills.
• Pleasing personality and ability to communicate effectively with customers at all levels.