Full-Time

2026 Retirement Actuarial Graduate Trainee Consultant Programme

Leeds

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

Leeds, UK

Hybrid

Three days in office per week required; four in first few months.

Category
Finance & Banking (1)
Required Skills
Data Analysis
Excel/Numbers/Sheets
Requirements
  • A natural problem solver with a sharp and analytical mind
  • Comfortable working with and analysing numbers
  • A confident communicator who knows how to build relationships
  • Curious and eager to build and apply your knowledge
  • At least 2:1 degree-qualified in a numerate discipline, or 2:1 qualified in a non-numerate discipline plus an A or B at A-Level Maths.
Responsibilities
  • Focus on supporting clients with their Defined Benefit schemes, although there may be opportunities to work with other types of schemes
  • Support with everything from regular valuation work to cutting-edge risk-reduction and scheme design projects
  • Work with teams such as investment, communications and administration to provide joined-up advice
  • Build your technical and consulting skills through a mix of practical and classroom learning
  • Take on real-world actuarial problems that matter to our clients
  • Gain the skills to effectively communicate the results of your work to colleagues and, ultimately, clients
  • Be free to identify and take opportunities to improve the way we work and the services we provide

Tranzact runs a marketplace for distributing direct-to-consumer insurance products. It connects customers with suitable policies through a large network of more than 900 sales agents, using advanced analytics and lead optimization to generate and route insurance leads across multiple marketing channels. Revenue comes from commissions and fees on policy sales facilitated by its platform. The company differentiates itself with a data-driven approach, a broad agent network, and a focus on brand visibility for its partners, aiming to deliver tailored insurance solutions to customers while driving policy sales for insurers.

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$632.4M

Headquarters

Fort Lee, New Jersey

Founded

1997

Simplify Jobs

Simplify's Take

What believers are saying

  • GTCR acquisition at $632.4 million enables tech scaling under existing management.
  • Recognize's digital investment boosts TRANZACT's marketing and analytics.
  • Data-driven personalization deepens reach in Medicare Advantage markets.

What critics are saying

  • GTCR's debt financing burdens TRANZACT with high interest payments now.
  • Recognize overhaul disrupts 900-agent network, dropping leads 20-30% soon.
  • NY DFS Regulation 205 halts 25% of TRANZACT campaigns in Q2 2026.

What makes Tranzact unique

  • TRANZACT's Anhelo platform uses Spanish-speaking agents for Hispanic insurance access.
  • Tandem by TRANZACT extends member engagement directly to carriers.
  • TRANZACT manages over one million active Medicare and life policies.

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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,...