The potential advantage of using superconducting materials in electrical devices is well described in the literature. The electromagnetic properties of these materials make them unique for several applications, such as, e.g. electrical machines and drives, fault current applications, or superconducting magnetic energy storage. In the development of electromechanical conversion devices, superconducting materials are used foreseeing mainly a decrease in the device dimensions or a performance improvement for the same active volume. To guarantee a good application of this kind of materials it is important to describe and model the phenomena that characterize their operation under different regimes. In this paper, a study based in FEM simulations of a motor with bulk superconductor in the rotor is carried out, with the purpose of understand, quantify and qualify which phenomena are present in the different regimes of the motor, leading to obtaining an equivalent electrical circuit with lumped parameters.