What are the responsibilities and job description for the Director of Risk Management position at Watsco Inc.?
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 $7 B company and the largest distributor of air conditioning, heating and refrigeration products in the world. We have over 600 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.
Qualifications:
MUST HAVE SKILLS For Director of Risk
- 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
Salary : $7
