A cam is immersed in water at an elevated temperature and/or pressure. A reciprocating cam follower also immersed in the water contacts a surface of the cam. The cam follower includes a permanent magnet. An electrically conductive coil is magnetically coupled with the permanent magnet such that movement of the cam follower induces an electrical signal in the electrically conductive coil. A sealed housing also immersed in the water contains the electrically conductive coil and seals it from contact with the water. Leads of the coil are electrically accessible from outside the sealed housing and from outside the water. Alternatively, the cam includes magnetic inserts, the cam follower is replaced by a sensor arm of magnetic material, and the sensor arm and/or the inserts are magnetized whereby rotation of the rotary element causes time modulation of the magnetic coupling and induces coil voltage.