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Boiler Machinery Insurance Jobs (NOW HIRING)

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital ... This posting is for AE I with a Boiler & Machinery (B&M) specialization but, depending on the level ...

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital ... This posting is for AE I with a Boiler & Machinery (B&M) specialization but, depending on the level ...

Repairs boiler machinery such as piping and valves. * Replaces boiler parts that are defective or ... Medical, Dental, Vision, Life Insurance/AD, Disability Insurance, Commuter Benefits, Employee ...

Repairs boiler machinery such as piping and valves. * Replaces boiler parts that are defective or ... Paid Time Off, Personal Day(s), Paid Holidays,, Medical, Dental, Vision, Life Insurance/AD ...

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Boiler Machinery Insurance information

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How much do boiler machinery insurance jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for boiler machinery insurance in the United States is $28.83, according to ZipRecruiter salary data. Most workers in this role earn between $24.04 and $33.17 per hour, depending on experience, location, and employer.

What is boiler machinery insurance?

Boiler Machinery Insurance, also known as Equipment Breakdown Insurance, is a specialized policy that covers the sudden and accidental breakdown of boilers, machinery, and other types of equipment. This type of insurance is designed to protect businesses from costly repairs or replacements due to mechanical failure, electrical short circuits, or operator error. It typically covers the equipment itself, as well as resulting property damage and business interruption losses. Boiler Machinery Insurance is essential for businesses that rely heavily on mechanical or electrical equipment, as it helps minimize financial loss and downtime in the event of equipment failure.

What are the key skills and qualifications needed to thrive as a boiler machinery insurance underwriter, and why are they important?

A Boiler Machinery Insurance Underwriter needs strong analytical skills, risk assessment expertise, and a background in engineering or insurance, often supported by relevant certifications such as CPCU or ARM. Familiarity with underwriting software, risk modeling tools, and claims management systems is typically required. Attention to detail, effective communication, and problem-solving abilities are crucial soft skills that help build client trust and manage complex policies. These competencies ensure accurate risk evaluation, effective policy design, and the mitigation of potential losses for both clients and insurers.

What are the most common challenges faced by professionals working in boiler machinery insurance, and how can they be managed?

Professionals in Boiler Machinery Insurance often encounter challenges such as accurately assessing complex mechanical risks, staying current with evolving safety regulations, and handling claims involving technical investigations. Managing these challenges typically involves ongoing technical training, close collaboration with engineers and underwriters, and clear communication with clients during the claims process. Building strong relationships with risk engineers and leveraging industry resources can help streamline assessments and ensure clients receive timely, accurate support.

What is the difference between Boiler Machinery Insurance vs Mechanical Engineer?

AspectBoiler Machinery InsuranceMechanical Engineer
Primary FocusCoverage for boiler and machinery equipmentDesign, analysis, and maintenance of mechanical systems
Work EnvironmentInsurance industry, risk managementEngineering firms, manufacturing, construction
CredentialsInsurance licenses, technical knowledge of machineryEngineering degree, professional licensure

Boiler Machinery Insurance primarily provides coverage for boilers and machinery equipment against risks like damage or breakdown, while Mechanical Engineers focus on designing, analyzing, and maintaining mechanical systems. The insurance role emphasizes risk management and technical knowledge of machinery, whereas Mechanical Engineers are involved in creating and improving mechanical systems in various industries.

More about Boiler Machinery Insurance jobs
What cities are hiring for Boiler Machinery Insurance jobs? Cities with the most Boiler Machinery Insurance job openings:
What states have the most Boiler Machinery Insurance jobs? States with the most job openings for Boiler Machinery Insurance jobs include:
What job categories do people searching Boiler Machinery Insurance jobs look for? The top searched job categories for Boiler Machinery Insurance jobs are:
Infographic showing various Boiler Machinery Insurance job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 20% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $59,966 per year, or $28.8 per hour.

Account Engineer, Boiler & Machinery

FM

Norwood, MA โ€ข On-site

$98K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 5 hours ago


Job description

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world's largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.
Overview
The Chemical Operation's Account Engineering Department has an immediate opening for a dynamic Account Engineer (AE). This posting is for AE I with a Boiler & Machinery (B&M) specialization but, depending on the level of candidate's skill and experience this position may be eligible for alignment to AE II or Senior Account Engineer.
Account Engineers for Chemical Operations provide valuable support and guidance to clients in the chemical industry whose operations range from fine chemicals to petrochemicals. With a global territory, Chemical Operations has challenging and complex processes to understand and assess, which will continue your Specialty Industries development. The B&M AE is immersed in the mechanical and electrical exposures behind the evolving hazards that impact our clients, from rotating equipment and electrical systems to pressure vessels and the failure mechanisms that threaten them.
The AE candidate will need to develop a deep understanding of our clients' business, operations, and exposures to evaluate the nature, probability, and magnitude of loss potentials related to mechanical and electrical breakdowns, fire, and many other hazards. By applying our Client Service Process, the AE will build client-specific risk improvement strategies that clearly demonstrate FM's value-add while creating true value and developing long term partnerships with key stakeholders in our client's organization. These assessments must be communicated effectively to ensure clients understand the hazards and the risk to their business. By partnering with Account Managers to produce cohesive, client-facing deliverables, the AE will reinforce a tailored account strategy and the tangible value FM brings to each client's organization. Critical to the role is the ability to influence key stakeholders so they become more resilient against hazards and exposures, ultimately developing into a trusted advisor through sustainable risk improvement, strong communication skills, engineering expertise, and business acumen. Equally important is excellent internal communication to Account Managers, underwriters, and senior leaders so that critical insurance decisions can be made and long-term client partnerships can thrive.
This is an office-based position in Norwood, Massachusetts. Moderate to heavy travel is expected as our clients have a global footprint. Relocation will be considered.
Responsibilities:
  • Evaluate the integrity and reliability of equipment, identify hazards and deficiencies to deliver focused risk improvement solutions and reduce equipment risk.
  • Utilize Operating Standards, Data Sheets and guides to provide risk guidance and implement best practices.
  • Collaborate with Field Engineering, Operations Engineering, Account Management and Underwriting on Boiler & Machinery recommendations.
  • Effectively manage FM engineering resources to meet company & individual client needs
  • Accurately assess and evaluate global risk information to obtain a competitive advantage for our current clients, prospective clients and FM.
  • Manage the achievement of global engineering consistency on an account basis.
  • Obtain client/prospect understanding and agreement on the key hazards and the corporate impact of the exposures.
  • Consistently achieve risk improvement on a corporate basis.
  • Effectively manage change with corporate clients
  • Manage the client engineering relationship.
  • Consistently illustrate value-added differential of FM engineering to our corporate client/prospect.

Qualifications
  • Bachelor's degree in Engineering
  • Minimum of 4 years' experience in a specialty industry such as chemical, nuclear, mining, pulp & paper, manufacturing
  • Minimum of Senior Consulting Engineer and Industry Specialist in the Chemical Industry.
  • Must possess a strong understanding of asset integrity principles in complex process environments, including the reliability and integrity of critical equipment such as steam and gas turbines, electrical generators, rotating equipment, boilers, and piping systems, along with electrical systems, and how these systems, including their associated control and protection elements, interact and impact one another.
  • Ability to analyze complex data to develop accurate risk assessments and client-focused risk improvement plans demonstrating our added value.
  • Ability to balance attention to detail with focus on organizational objectives. Proficiency in computer skills and basic knowledge of insurance concepts. Organizational, problem-solving, decision-making, consulting, and teamwork skills are needed to succeed in our collaborative structure.
  • Excellent written, presentation and interpersonal communication skills, together with good cultural awareness.
  • Ability to work effectively in a team and as an individual, acting upon your own initiative is essential.
  • Ability to demonstrate a proactive and decisive approach to problem solving and be able to balance the drive for results with good attention to detail.
  • Communication, negotiation, and interpersonal skills are a must.

The hiring range for this position is $98,000 to $141,000. The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM 's comprehensive Total Rewards program that includes an incentive plan, medical, dental and vision insurance, life and disability insurance, well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work and time off, including vacation and sick time.
FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.

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About FM

Sourced by ZipRecruiter

Industry

Plastics product manufacturing

Company size

51 - 200 Employees

Headquarters location

Rogers, AR, US

Year founded

1980

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