Full-Time

Insurance Claims

Posted on 9/23/2025

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

Mumbai, Maharashtra, India

In Person

Category
Operations & Logistics (1)
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • Good verbal and written communication skills
  • Attention to detail is vital to succeed in this role
  • Logical thinking is a must
  • Ability to learn new processes and systems, also should have the ability to adapt to changes
  • Ability to seek out and learn from unfamiliar situations/experiences
  • Ability to prioritise and organise tasks, work within stiff timelines
  • Ability to work independently and as part of a team
  • Basic knowledge of the Microsoft office, particularly Word & Excel
  • Any Graduate or Postgraduate
  • No gap in education
Responsibilities
  • Adopt and adhere to all Willis Towers Watson values without compromise
  • Delivery on performance standards: Productivity to be maintained at 100%, Quality standards to be maintained in excess of 99.5%, Deliver all standard units of production within the stipulated timelines
  • Responsible for managing assigned portfolios. To flag immediately with the Line Manager if any concerns or issues on the account
  • To develop effective relationships with stakeholders (Internal and external)
  • Maintain data security standards as defined within the Information Security policy
  • Flexible, able to shift priorities to accommodate changing business demands
  • Adapt to flexible shift rotation policy (Weekly/Bi-weekly) as per business demands
  • Develop a sound understanding of the business process
  • Ensure adherence to compliance and operate within the guidelines of internal and external regulators
  • Ensure that all statutory and company procedures are followed while processing work to protect clients, colleagues, and the business interests of the company

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