Risk Manager

Watsco Inc. is the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies in the HVAC/R distribution industry. We serve over 125,000 contractor-customers through our nearly 700 locations where more than 7,400 team members bring essential, sustainable comfort to families and businesses across the Americas. At Watsco, we recognize our responsibility to help drive the transition to a lower carbon future.

That's why we are committed to providing high efficiency, low carbon HVAC equipment and energy-saving parts and supplies to households and businesses across the Americas. Since January 2020, Watsco's sales of high efficiency equipment has reduced future CO2e emissions by over 19.2 M MT. Learn more about our impact and how you can become part of this transformation at

We are actively seeking to add a Risk Manager to our Risk Management team.

The Risk Manager is responsible for maintaining and enhancing the Company’s risk management and insurance framework, bond and surety program and compliance. This individual will serve as a trusted advisor within the department and the organization who is required to proactively identify, assess and mitigate threats. The Manager will assist the Director of Risk Management in putting plans in place to mitigate, remediate any incident and decide the best ways to proactively avoid, reduce, mitigate or transfer risk.

This individual will help drive the insurance renewal process and overall management of the corporate risk management framework while managing Watsco’s partnership with internal clients, insurance brokers and providers as needed.

• Front-facing management of Watsco risk management framework and insurance programs.
• Lead Watsco’s insurance renewal processes, including but not limited to the collection of internal information, organizing meetings with stakeholders, providing and presenting the findings and renewal results and recommendations to the Director of Risk Management.
• Ensure all claims are reported and handled in a timely and compliant manner.
• Manage and administer claims proactively to ensure timely resolution, activity and reserves.
• Ensure timely response to insurance-related requests, including but not limited to COIs, contract reviews, BIDs, RFP, claims notices etc.
• Lead planning and administration of risk and crisis management strategies and programs.
• Conduct operational risk analyses and research areas of exposure to assess insurance needs.
• Proactively identify opportunities to improve operational practices and processes.
• Develop operational risk management reporting and data analysis.
• Oversee and administer all insurance quotes, binders, policies, schedule of insurance, renewal presentation etc.
• Review contracts and agreements (leases, suppliers, customers, services etc.) to ensure insurance adequacy, risk transfer and indemnity provisions are acceptable and aligned to the Company guidelines.
• Identify and pursue risk mitigation and risk transfer opportunities in close collaboration with the operational teams, business development, legal, insurance, and procurement.
• Monitor insurance market dynamics and forecast market trends by gathering, maintaining, analyzing, and presenting data and make recommendations to the Director of Risk Management related to the findings.
• Provide technical advice on insurance related matters, loss prevention and other risk management issues.
• Coordinate insurance submissions/applications/agreements for all programs and work closely with the risk management team, insurance brokers and internal stakeholders.
• Consolidate all claims loss and financial data for multiple plans and analyze the data to build monthly, quarterly,…