Director of Risk Management

Posted Yesterday
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Coconut Grove, FL, USA
In-Office
Expert/Leader
Logistics • Appliances • Industrial
The Role
Directs enterprise risk management, including insurance strategy, broker and carrier negotiations, claims oversight, loss control, captive insurance administration, risk reporting, budgeting, and contract risk reviews. The role develops risk policies, maintains insurance and claims records, assesses financial exposure, and promotes risk awareness across the organization.
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Job Summary & Responsibilities

Watsco, Inc., a publicly traded corporation (NYSE: WSO) has an immediate opening for a Director of Risk Management at its corporate headquarters in Coconut Grove, Florida.

 

Watsco is a $7B company and the largest distributor of air conditioning, heating and refrigeration products in the world. We have over 650 locations in the United States, Canada, Mexico and Puerto Rico, with additional market coverage on an export basis to portions of Latin America and the Caribbean.

 

Come join a group of professionals in a dynamic environment that provides our business units with a variety of functional support to enhance their success.

 

RESPONSIBILITIES For Risk Manager

  • Designs and implements an overall risk management process for the company, including an analysis of the financial impact on the company and subsidiaries when risks occur.
  • Selects most effective and appropriate brokerages on behalf of the organization.
  • Analyzes and assesses insurance policies to ensure company needs are sufficiently covered.
  • Negotiates with insurance brokers and insurance carriers for best insurance rates.
  • Oversee claims and settlement values; analyze other sources of insurance that could possibly cover a claim.
  • Maintain and cultivate an environment of risk awareness and policies and procedures to promote risk reduction.
  • Formulates, develops, and coordinates loss control functions of the organization.
  • Maintains records of insurance policies and claims.
  • Prepares risk management and insurance budgets.
  • Prepares and presents comprehensive risk assessment reports.
  • Creates reports so that internal stakeholders understand how risk affect their operations.
  • Manages the captive insurance administration of workers' compensation claims, general liability, and auto,.
  • May be called upon for to vet company contracts to identify potential risk issues.
Preferred Qualifications

MUST HAVE SKILLS For Risk Manager

  • 8-10 years of Risk Management experience with at least 5 in leadership roles
  • Experience in both a brokerage and corporate risk management environments is required
  • Safety and insurance risk management is helpful
  • Bachelor's Degree required, Master's degree is preferred
  • Strong math and computer skills, including Microsoft Office.
  • Database use and management experience.
  • Keen eye for details and exceptional problem-solving skills.
  • MUST be able to work in the US without any kind of sponsorship

NICE TO HAVE SKILLS For Risk Manager

  • Risk Manager certification
  • Local candidates preferred, but will consider relocation for the right candidate

Skills Required

  • 8–10 years of risk management experience, including at least 5 years in leadership roles
  • Experience in both brokerage and corporate risk management environments
  • Bachelor’s degree
  • Strong math and computer skills, including Microsoft Office
  • Database use and management experience
  • Attention to detail and exceptional problem-solving skills
  • Risk Manager certification
  • Safety and insurance risk management experience
  • Master’s degree
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The Company
HQ: Miami, FL
6,900 Employees
Year Founded: 1956

What We Do

Watsco, Inc. is the largest distributor of air conditioning, heating, and refrigeration equipment and related parts and supplies in the HVAC/R distribution industry. The company serves over 125,000 contractor-customers through nearly 700 locations across the Americas, providing essential, sustainable comfort to families and businesses while driving the digital transformation of the industry through technology investments.

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