Equipment Breakdown Specialist

Aviva; Toronto; Hybrid; CAD 85,000 - 105,000; Full time

Benefits offered by this job

Base compensation

Annual bonus eligibility

Health benefits

Retirement savings

Hybrid flexible work model

Career development opportunities

Volunteer opportunities

Vacation buy/sell 5 days

Job summary

Aviva Canada seeks an Equipment Breakdown Underwriter to assess and underwrite equipment breakdown exposures, delivering tailored coverage solutions and collaborating with brokers, clients, and internal partners.

The candidate should have a bachelor’s degree in a related field and at least 3 years’ experience in machinery breakdown underwriting, with strong analytical and communication skills. The role offers a hybrid work model and competitive benefits.

Qualifications

• 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.
• Strong understanding of machinery and equipment, operation, maintenance, and failure modes.
• Excellent analytical and problem-solving skills.
• Exceptional attention to detail and organizational skills.
• Strong communication and interpersonal skills.

Responsibilities

• Underwrite equipment breakdown insurance policies by assessing risk, pricing coverage, and determining terms.
• Analyze technical specifications and maintenance records to evaluate risk.
• Work with brokers and clients to gather information and answer policy inquiries.
• Collaborate with internal teams to develop tailored coverage solutions.
• Monitor and manage performance of existing policies and adjust as needed.
• Stay up-to-date on industry trends, regulations, and best practices.
• Deliver best in class customer service.

Skills

Machinery breakdown underwriting

Analytical skills

Attention to detail

Communication skills

Interpersonal skills

Education

Bachelor’s degree in insurance, engineering, or business

Tools

Underwriting software

Microsoft Office

Job description

ExperienceAviva

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’reproudof a culture built on care, inclusion, and collaboration, where your voice matters and your growth is supported.We’renotjust aboutinsurance;we’reabout 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.

Whatyou’llget

• 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, shareplan, health benefits, personal wellness, and volunteer opportunities.

• Hybrid flexible workmodel.

• Outstanding career development opportunities.

• We’llsupport your professional development education.

• Competitive vacation package with theoptiontopurchase5 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 foremployees with disabilities. If upon commencement of employment you requirea specificaccommodation because of a disability, please contact your Talent Acquisition Partner so thatan appropriateaccommodation can be arranged. This process applies throughout your career with Aviva Canada.