Spring 2026, Summer 2026

Intern to Intern Conversion

Actuarial Delivery Group

Posted on 8/18/2025

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

Compensation Overview

$21 - $26/hr

+ Overtime

No H1B Sponsorship

Dallas, TX, USA + 1 more

More locations: Memphis, TN, USA

Hybrid

The job is hybrid, allowing for a mix of remote and in-office work.

Category
Finance & Banking (1)
Required Skills
Data Analysis
Requirements
  • Must have completed the summer 2025 summer internship with WTW with the Actuarial Delivery Group/National Processing Center
  • We are looking for candidates who are not interested in writing future actuarial exams
  • Knowledge of Microsoft Office (Word, Excel and PowerPoint)
  • Organized, detail-oriented, effective time management skills
  • Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels
  • Strong client delivery orientation
  • Ability to work both independently and on client teams
  • Ability to apply problem solving techniques in a business environment
  • Able to work legally in the United States indefinitely and without Visa sponsorship
Responsibilities
  • Participating and actively engaging in training sessions
  • Performing actuarial valuations and preparing valuation reports
  • Performing data analysis and reconciliations of pension plan participant data
  • Performing pension benefit calculations using established spreadsheets or our proprietary plan administration system
  • Preparing government reporting forms and annual employee benefit statements
  • Supporting special projects as ad-hoc needs arise
  • Working with other colleagues to ensure that each project is completed on time and meets quality standards
  • Responding to all requests and communications effectively and efficiently

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