Full-Time

Experienced Pensions Administrator

Posted on 7/3/2025

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

Dorking, UK

Hybrid

Hybrid work model; mix of remote and in-office days depending on team needs.

Category
Administrative & Executive Assistance (2)
,
Required Skills
Customer Service
Excel/Numbers/Sheets
Requirements
  • Experience of working within an administration team on either DB/DC/Hybrid pension schemes.
  • Experience of processing Retirements, Transfers, Death cases and answering general enquiries on a variety of schemes.
  • Demonstrated ability or experience in working to a high level of accuracy with excellent spoken and written communication skills to provide high quality written and verbal communications including email and letters to members and/or clients.
  • Ability to use excel spreadsheets and mathematical skills to complete pension calculations either using automate forms or calculating manually.
  • Ability to proactively manage time and work priorities to meet volume and accuracy targets.
  • Ability to work self-sufficiently following procedural documentation and utilise training and guidance provided previously.
  • An understanding of pension regulations and legislation and how to apply this to different schemes or scheme rules.
  • Previous experience of working in a customer service environment, dealing with, and speaking directly to customers and clients including managing challenging or apprehensive customers.
  • Capable of creating a sense of calm and showing genuine empathy to make our members feel at ease. Having the ability to bring a kind, respectful attitude and excellent customer service skills to every verbal and written interaction.
  • Previous experience working as part of a team and in a busy, fast-paced environment and providing coaching and knowledge sharing to other members of a team.
Responsibilities
  • Accurately processes different case types across a variety of schemes. This includes working on calculations (automated, manual and excel proforma based) and answering member queries via telephone, letter, and email.
  • Consistently provides a high-quality customer experience to clients by ensuring work is proactively managed within Service Level Agreements. This includes ensuring output and target number of cases per day is achieved and work is completed within “Right First Time” targets.
  • Applies previous understanding and knowledge to different scheme rules and utilises previous experience and knowledge of various pension processes to resolve member queries to a high accuracy level and in a timely manner.
  • Understands the relevant regulations and legislation and applies this to day-to-day work whilst continually developing knowledge and technical ability.
  • Utilises knowledge management tools and procedural documentation as well as attending training and knowledge sharing sessions to develop and work self-sufficiently.
  • Resolves member queries providing excellent member and client care in an empathic and supportive manner.
  • Recognises and escalates potential problems and/or complaint cases to the correct colleagues for quick resolution.
  • Works collaboratively across the team and towards the wider team goals of ensuring all Service Level Agreements both from an output and accuracy perspective are met each day and assists with complex or project work when required.
  • Continuously seeks to identify areas where the service to clients/members could be improved and communicated accordingly.
  • Coaches and mentors less experienced team members to help them grow and develop in their role.

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,...

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