Full-Time

Director – Captive Insurance Consulting

Strategic Risk Consulting, Captive & Insurance Management Solutions

Posted on 7/3/2025

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

London, UK

Hybrid

Minimum of 2 days per week in the London office.

Category
Consulting (1)
Requirements
  • Captive consulting / management experience is required
  • Insurance industry experience is required
  • Experience to support independent delivery of captive consulting or captive management
  • Advanced Computer Skills
  • Ability to monitor quality control
  • Client relationship skills
  • Project Management skills
  • Presentation skills
  • People Management skills
  • Ability solve complex issues and will raise highly complex issues to higher level
  • Ability to influence and negotiate
  • Excellent verbal and written communication skills
Responsibilities
  • The development of new business for the Company
  • Provide proactive creation of a marketing and new business strategy in cooperation with the RCAL
  • Implement marketing and new business strategy
  • Identify new business opportunities (including cross-selling opportunities) within existing and new client base
  • Take responsibility for new business development projects
  • Promote the Company within and outside WTW
  • To provide technical advice on request within WTW
  • Liaison with insurance brokers, reinsurance brokers, and claims personnel as required
  • Assessment of exposures and risk transfer pricing
  • Monitoring and advising on strategic utilisation solutions
  • Monitoring and advising on solvency and capital requirements
  • Monitoring and advising on captive regulatory frameworks
  • Monitoring and advising on underwriting strategy for Captives
  • Monitoring and advising on reserving methodology
  • Monitoring and advising on captive management accounts, statutory accounts and information, budgets, cash flow statements and supplementary information as required
  • Monitoring and advising on Corporate Governance compliance
  • Proactively support and provide input on strategic and major operational issues
  • Assume responsibility for allocated projects
  • To implement policies adopted by the team
  • Contact is maintained with all client directors
  • Keep leadership of pipeline, sales and project developments
  • Ensure timely development and delivery of consulting projects
  • Maintain clients & prospects relationships

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,...

INACTIVE