Asset Engineer, Production Equipment, Grenaa

Terma Group; Grenaa; Hybrid; DKK 700,000 - 1,100,000; Full time

Benefits offered by this job

International Environment

Flexible Working Hours: work from home

Comprehensive Benefits: 10% pension +‑

Well-being perks: on-site massage

Social and Professional Events

Job summary

Terma Group is seeking an Asset Engineer to secure long-term performance of production equipment. You will support lifecycle management, assess risk, and shape investment roadmaps within the Production Equipment team of Project & Asset Management.

You will collaborate across Maintenance, Production, Project Management, Tooling, Technology & Industrialization, and Finance while balancing technical detail with business impact. Fluency in English is essential.

Qualifications

• Candidate has technical education in engineering related to production equipment.
• Experience with asset management, reliability, lifecycle costs, or CAPEX planning is preferred.
• Strong analytical and communication skills; ability to translate data into clear recommendations.

Responsibilities

• Develop and maintain structured asset management for production equipment.
• Assess condition, reliability, obsolescence, and remaining useful life for decisions.
• Create lifecycle plans, replacement strategies, and multi-year maintenance/investment roadmaps.
• Support CAPEX prioritization for modernization, maintenance, refurbishment, and replacements.
• Drive asset health assessments and risk-based prioritization with stakeholders.
• Assist introduction of new equipment including lifecycle and maintenance strategy requirements.

Skills

Analytical thinking

Communication skills

Stakeholder collaboration

Problem solving

Fluent English

Education

Bachelor's degree in Mechanical / Electrical / Automation Engineering

Tools

CMMS systems

Data analysis software

Job description

Would you like to play a key role in ensuring the long-term performance and reliability of advanced production equipment? In this role, you will help shape lifecycle strategies, drive investment planning, and support sustainable production capabilities. Come and join us!

We are facing an exciting future with considerable growth and demanding changes. We continue to evolve our advanced technologies and mission critical solutions for the defense and aerospace industry to deliver real-world solutions that matter to the security of people on land, at sea and in the air. Therefore, we are looking for An Asset Engineer to become part of this journey and contribute to our overall purpose – securing people through advanced technology.

Your role as part of the team

As our new Asset Engineer, you will play a key role in supporting the long-term performance, reliability, and lifecycle management of production equipment. Using a structured and data-driven approach, you will assess equipment condition, technical risk, obsolescence, and lifecycle costs to support informed decisions on maintenance, modernization, and replacement.

You will become part of the Production Equipment team within Project & Asset Management and collaborate closely with colleagues across Maintenance, Production, Project Management, Tooling, Technology & Industrialization, and Finance. The team values collaboration, knowledge sharing, and continuous improvement, providing opportunities to learn, contribute, and make a meaningful impact.

Technical expertise is important, but your mindset matters just as much. If you are curious, analytical, and comfortable balancing technical details with a broader business perspective, you could be a great addition to our team.

How you will make a meaningful contribution

In this role, you will contribute to a range of tasks across your area of responsibility. Your key responsibilities include:

• Develop and maintain a structured asset management approach for production equipment
• Assess equipment condition, reliability, criticality, obsolescence, and remaining useful life to support data-driven decision-making
• Develop lifecycle plans, replacement strategies, and multi-year maintenance and investment roadmaps
• Support business cases and CAPEX prioritization for modernization, major maintenance, refurbishment, and replacement initiatives
• Drive asset health assessments, risk-based prioritization, and reliability improvements in collaboration with key stakeholders
• Support the introduction of new production equipment, including lifecycle, maintainability, documentation, and maintenance strategy requirements.

Bring your expertise into play

To thrive in this role, we imagine that you bring some of the following qualifications:

• Relevant technical education such as Marine Engineer (Maskinmester), Mechanical Engineer, Electrical Engineer, Automation Engineer, Production Engineer, or similar
• Experience from an industrial or manufacturing environment working with production equipment or other complex technical assets
• Knowledge of one or more areas such as asset management, reliability engineering, lifecycle cost analysis, obsolescence management, CAPEX planning, technical risk assessment, or root cause analysis
• Experience with maintenance and asset management methodologies, CMMS systems, or data-driven maintenance practices is an advantage
• Strong analytical and communication skills, with the ability to translate technical insights into clear recommendations.

Most importantly, we believe diverse experiences add value to our team and organization. Therefore, we encourage you to apply even if you do not meet all the above requirements.

As we are an international organization, it is important that you are fluent in English both in writing and verbal at a professional level. Danish language skills are advantageous for collaboration across the organization.

Let’s secure people through advanced technology

We believe that different perspectives, experiences, and backgrounds make us stronger. We are committed to creating a more diverse and balanced workplace that reflects the talent and perspectives around us. By creating an inclusive environment with equal opportunities to contribute, grow, and succeed, we aim to broaden our talent pool and strengthen our teams for the future. We want everyone to feel welcome, valued, and confident in pursuing their ambitions at Terma.

When joining Terma, we promise that you will experience great people, challenging tasks, and the opportunity to make an impact. Our culture is built on trust, collaboration, and knowledge sharing, where learning is embedded in everyday work and supported by colleagues across all career stages.

Benefits

• International Environment: Explore great teamwork and professional sparring with colleagues around the world.
• Flexible Working Hours: The option to work from home up to two days per week, by agreement with your manager
• Comprehensive Benefits Package: Receive a 10% paid pension along with a beneficial health care and insurance package and paid internet connection at home. Enjoy discounts from various business partners.
• Well‑being Perks: Opportunity to enroll in our on‑site massage‑offer at our locations in Denmark.
• Social and Professional Events: We have an active staff association that arranges a variety of social activities and events to bring all of our colleagues together.

Career Paths

Opportunities to grow your career in a direction that suits you, whether you prefer a specialist path or a leadership role.

We are all Terma - diverse in skills and equal in value. That is why we encourage all individuals to apply and are committed to ensuring that every employee has equal opportunities to succeed and feel respected and valued within our organization. To support an unbiased evaluation process, we kindly encourage applicants to omit personal details such as photos and age from their applications.

Do you have any questions regarding the position?

Feel free to contact Hiring Manager on e-mail: [e-mail]

Bear in mind, that we need you to confirm that you can obtain a security clearance by the Danish Defense Intelligence Service, and that all adults in your household are not posing any risk to the related risk‑evaluation. This entails among other issues:

• That you have as a minimum stayed within NATO/EU/MISWG countries for the last 7 years only interrupted by short stays abroad, meaning less than 6 months, and
• That you have not committed serious criminal offences