Summer 2026

Broking Intern

Broking

Posted on 8/29/2025

Deadline 4/30/26
Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

Toronto, ON, Canada

Hybrid

Interns are expected to go into the office 3 times a week.

Category
Finance & Banking (1)
Required Skills
Excel/Numbers/Sheets
Requirements
  • Enrolled in a bachelor’s degree program with a target graduation date of May 2027
  • Eligible candidates must be going into their senior year in Fall 2026
  • Minimum GPA of 3.0 and above
  • Proficient in Microsoft Office Suite
  • Intermediate to advance Excel skills
  • Exceptional interpersonal skills
  • Excellent written & verbal communication skills
  • Excellent presentation skills, analytically driven and detail oriented
  • Aptitude to learn and be proactive
  • Proficient in time management
Responsibilities
  • Work alongside colleagues of all levels and learn from WTW Senior leadership from the global scope
  • Gain exposure to client accounts ranging in the Fortune 500 sector to smaller market local business areas
  • Collaboratively work with your intern class on priority projects identified by the business
  • Support the development and implementation of new strategies and products
  • Gain insight into various organizational roles across segments and present your job duties and responsibilities
  • Learn and demonstrate select WTW’s analytic models
  • Develop soft and hard skills through curated professional development training by the Program team

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