Finance Manager insurance executives

This role focuses on optimizing dealership profitability by overseeing the end-to-end processing of vehicle loans and insurance policies. It involves leading a dedicated team to ensure seamless coordination between customers, financial institutions, and insurance providers while maintaining strict regulatory compliance.

Key Responsibilities

• Manage a team of Insurance Executives to achieve monthly penetration targets for motor insurance and retail finance.
• Cultivate and maintain strong relationships with partner banks, NBFCs, and insurance OEMs to ensure competitive rates and quick approvals.
• Oversee the entire documentation process for loan disbursements and insurance issuance to ensure zero-error filings and compliance.
• Track and drive insurance renewal business through proactive customer follow-ups and effective database management.
• Analyze daily, weekly, and monthly MIS reports to monitor team performance, commission structures, and department P&L.
• Conduct regular training sessions for the team on new financial products, IRDA regulations, and consultative selling techniques.
• Resolve customer grievances related to claims, policy issuance, or loan processing in a timely and professional manner.

Requirements

• Minimum 8-12 years of experience in Finance & Insurance within an automotive dealership environment.
• Valid IRDA certification (Composite or General Insurance).
• Proven track record of managing high-volume retail finance and insurance operations.
• Proficiency in Dealer Management Systems (DMS) and advanced Microsoft Excel for reporting.
• Deep understanding of KYC norms, RTO processes, and motor insurance claim procedures.
• Excellent command over the local language and English.

Preferred

• Experience working with premium or luxury automotive brands in a managerial capacity.
• Existing network with regional heads of major private banks and insurance providers.
• Knowledge of GST implications on insurance and finance commissions.
• Experience in digital loan processing and fintech integration.

Skills

Technical

IRDA Compliance, DMS Navigation (Autoline/e-DMS), Financial Analysis, Insurance Underwriting Basics, Credit Risk Assessment

Soft Skills

Leadership, Persuasion, Conflict Resolution, Strategic Planning, Interpersonal Communication

Qualifications

Education: B.Com, M.Com, or MBA in Finance/Marketing

Experience: 8 to 15 years

Certifications: IRDA Certification, OEM Certified F&I Manager

Work Environment

Standard 6-day work week in a professional dealership office environment; requires coordination between the showroom floor and back-office operations.

Growth Opportunities

High-performing managers can progress to Regional F&I Head, General Manager - Operations, or Corporate Finance roles within the dealer group network.