Director of Risk Management

Watsco•Coconut Grove, FL

5d•Onsite

About The Position

Watsco, Inc. is seeking a Director of Risk Management at its corporate headquarters in Coconut Grove, Florida. Watsco is a publicly traded company with more than 650 locations across the United States, Canada, Mexico, and Puerto Rico, as well as export coverage in parts of Latin America and the Caribbean. The Director will develop and oversee company-wide risk management practices, insurance coverage, loss control, and captive insurance administration, and will prepare risk assessments and reports for internal stakeholders.

Requirements

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 required.
Strong math and computer skills, including proficiency with Microsoft Office.
Experience with database use and management.
Strong attention to detail and exceptional problem-solving skills.
Must be authorized to work in the United States without sponsorship.

Nice To Haves

Safety and insurance risk management experience.
Master’s degree.
Risk Manager certification.
Local candidates preferred; relocation may be considered for the right candidate.

Responsibilities

Design and implement an overall risk management process, including analysis of the financial impact of risks on the company and its subsidiaries.
Select appropriate and effective insurance brokerages for the organization.
Analyze and assess insurance policies to ensure company needs are sufficiently covered.
Negotiate with insurance brokers and carriers to obtain favorable insurance rates.
Oversee claims and settlement values, and assess whether other insurance sources may cover claims.
Promote risk awareness and maintain policies and procedures that support risk reduction.
Formulate, develop, and coordinate the organization’s loss control functions.
Maintain records of insurance policies and claims.
Prepare risk management and insurance budgets.
Prepare and present comprehensive risk assessment reports.
Create reports that help internal stakeholders understand how risk affects their operations.
Manage captive insurance administration for workers’ compensation claims, general liability, and auto.
Review company contracts as needed to identify potential risk issues.