Equipment Breakdown Specialist

Posted One Month Ago
Be an Early Applicant
Toronto, ON, CAN
In-Office
85K-105K Annually
Mid level
Insurance • Financial Services
The Role
Underwrite equipment breakdown insurance by assessing machinery risks, analyzing technical specifications and maintenance records, pricing coverage, and setting policy terms. Build relationships with brokers and clients, address policy inquiries, collaborate on customized coverage solutions, monitor existing policy performance, and adjust coverage as needed. Maintain knowledge of industry trends, regulations, and compliance standards while delivering strong customer service.
Summary Generated by Built In
Experience Aviva 

Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence.   

At Aviva Canada, we put people first, our employees, our customers, and our communities. We’re proud of a culture built on care, inclusion, and collaboration, where your voice matters and your growth is supported. We’re not just about insurance; we’re about making a real difference by protecting what matters most.  

The Opportunity 

Join the Global Corporate & Specialty (GCS) team and contribute to a growing specialty portfolio focused on complex commercial risks. As an Equipment Breakdown Underwriter, you will assess and underwrite equipment breakdown exposures, evaluate risk, and deliver customized coverage solutions across diverse industries. Success in this role requires strong technical expertise, sound analytical judgment, attention to detail, and the ability to build effective relationships with brokers, clients, and internal partners.

What you will do:
  • Underwrite equipment breakdown insurance policies by assessing risk, pricing coverage, and determining appropriate terms and conditions.

  • Analyze technical specifications and maintenance records of clients to evaluate the risk.

  • Work closely with brokers and clients to gather relevant information and answer policy-related inquiries.

  • Collaborate with internal teams to develop tailored coverage solutions for clients.

  • Monitor and manage the performance of existing policies, making adjustments as necessary.

  • Stay up-to-date on industry trends, regulations, and best practices related to machinery breakdown insurance.

  • Deliver best in class customer service

What you will bring:
  • Bachelor's degree in insurance, engineering, business, or a related field.
  • Minimum of 3 years of experience in machinery breakdown underwriting or a similar role within the insurance industry.
  • Strong understanding of machinery and equipment, including their operation, maintenance, and failure modes.
  • Excellent analytical and problem-solving skills.
  • Exceptional attention to detail and organizational skills.
  • Strong communication and interpersonal skills, with the ability to build relationships with clients and brokers.
  • Proficiency in underwriting software and Microsoft Office Suite.
  • Knowledge of industry regulations and compliance standards.
 What you’ll get  
  • The salary band for this position ranges from $85,000 - 105,000. Please note that individual salary is determined by factors such as job-related knowledge, skills, experience, as well as internal equity. 

  • Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.  

  • Hybrid flexible work model . 

  • Outstanding career development opportunities. 

  • We’ll support your professional development education.  

  • Competitive vacation package with the option to purchase 5 extra days off per year.  

  • Employee-driven programs focused on gender, LGBTQ+, origins, diversity, and inclusion.   

  • Corporate wellness programs to support our employees’ physical and mental health.   

 
Please note that we may use AI tools to help us through the recruitment process. This is a new position which has been posted internally & externally.  
  
Aviva Canada has an accommodation process in place to provide accommodations for employees with disabilities. If upon commencement of employment you require a specific accommodation because of a disability, please contact your Talent Acquisition Partner so that an appropriate accommodation can be arranged. This process applies throughout your career with Aviva Canada.  

Skills Required

  • Bachelor's degree in insurance, engineering, business, or a related field
  • At least 3 years of experience in machinery breakdown underwriting or a similar insurance-industry role
  • Strong understanding of machinery and equipment operation, maintenance, and failure modes
  • Strong analytical and problem-solving skills
  • Exceptional attention to detail and organizational skills
  • Strong communication and interpersonal skills, including relationship-building with clients and brokers
  • Proficiency in underwriting software and Microsoft Office Suite
  • Knowledge of industry regulations and compliance standards
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The Company
HQ: London
36,000 Employees
Year Founded: 1696

What We Do

Aviva is a multinational insurance and financial services company, offering a diversified range of products including insurance, wealth management, and retirement solutions. It is the UK's leading diversified insurer.

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