Full-Time

Aviation Analyst

Posted on 7/3/2025

Tranzact

Tranzact

501-1,000 employees

Marketplace for direct-to-consumer insurance products

No salary listed

No H1B Sponsorship

Atlanta, GA, USA

In Person

Category
đź’°Finance & Banking (1)
Requirements
  • High level of organization
  • High level of accuracy
  • Responsiveness to support high service standards
Responsibilities
  • Assisting with quote review and comparison, ensuring binder and policy accuracy, and preparing documentation for senior broker review.
  • Maintaining accurate account files by organizing binders, policies, endorsements, certificates and correspondence in our cloud-based filing system.
  • Supporting account managers and senior brokers with the certificate issuance process—populating templates, tracking special wording requirements, and ensuring timely delivery.
  • Generating client invoices, verifying premiums and applicable taxes, and coordinating with accounting to resolve discrepancies.
  • Building and/or maintaining spreadsheets to track premiums, claims, and exposure data, and may contribute to the preparation of client-ready reports or summaries.
  • Updating internal filing systems with current policy and client data, maintaining accurate records, and following internal task management checklists to ensure seamless service delivery.
  • Assisting senior brokers with renewal preparation, compiling submission materials such as loss runs and exposure data, and assisting with timeline tracking and deliverable coordination.

TRANZACT operates a marketplace that connects customers with direct-to-consumer insurance products. The company uses advanced analytics and lead optimization to match individuals with suitable insurance policies through a network of over 900 sales agents. This approach allows TRANZACT to serve a wide range of clients, focusing on those looking for various insurance options. Unlike many competitors, TRANZACT enhances brand visibility and generates leads for its partners across multiple marketing channels. The company earns revenue through commissions and fees from the insurance policies sold via its platform. TRANZACT's goal is to provide tailored insurance solutions that meet the specific needs of customers.

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$632.4M

Headquarters

Fort Lee, New Jersey

Founded

1997

Simplify Jobs

Simplify's Take

What believers are saying

  • GTCR's expertise can help scale TRANZACT's tech capabilities.
  • Recognize's investment can boost digital services and innovation.
  • AI-driven personalization can improve customer satisfaction and retention.

What critics are saying

  • Competition from AI-driven insurtech startups threatens market share.
  • Direct online insurance purchases may reduce TRANZACT's sales opportunities.
  • Regulatory scrutiny on data privacy could impact lead optimization strategies.

What makes Tranzact unique

  • TRANZACT uses advanced analytics for tailored insurance solutions.
  • The company has a network of over 900 sales agents.
  • TRANZACT enhances brand visibility across multiple marketing channels.

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Benefits

Hybrid Work Options

Flexible Work Hours

Company News

CSIMarket
Jan 2nd, 2025
WTW Sells TRANZACT to GTCR, Recognize

WTW has completed the sale of TRANZACT to GTCR and Recognize, marking a strategic shift to focus on core advisory and broking services. TRANZACT, known for its insurance technology solutions, will benefit from GTCR's expertise in scaling tech businesses and Recognize's digital services investment. This move aligns with WTW's strategy to adapt to market changes and enhance client service. The transaction is expected to streamline WTW's operations and support TRANZACT's growth under new ownership.

Recognize
Oct 1st, 2024
Recognize and GTCR to Acquire TRANZACT - Recognize

Innovative Leader in Insurance Distribution and Marketing Services to be Run by Existing Management Team,...

INACTIVE