Full-Time

Director

Health Insurance, Products and Pricing

Posted on 9/8/2025

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

London, UK + 2 more

More locations: Dubai - United Arab Emirates | Dorking, UK

In Person

Category
Consulting (1)
Required Skills
Data Science
Machine Learning
Requirements
  • Demonstrable experience of working in at least one of product, pricing, claims, underwriting or other related areas in a health insurance company, with a deep expertise of the PMI or IPMI markets.
  • Ability to understand client needs and turn these into new propositions and solutions that will add value to our clients.
  • A commercial mindset and “finisher” attitude, focussed on tangible outcomes and growing the business.
  • An advocate for the development of analytical approaches and the adoption of new techniques, including data science, machine learning and AI with a particular focus on combining these with subject matter expertise.
  • Willingness to travel and spend time outside of the UK with clients as we grow our proposition globally.
  • Strong interpersonal and team skills.
  • Excellent project management skills.
  • The ability to see the "big picture”, engaging and leveraging the resources of adjacent specialisms to address clients’ business challenges.
Responsibilities
  • Build and develop a market profile as a representative and advocate of WTW consulting services and technology solutions.
  • Take a leading role in selling WTW solutions to clients in the health insurance space.
  • Build and take new propositions to market, leveraging existing WTW assets, to support health insurers and solve their problems in the product, pricing, claims and underwriting space.
  • Be a leader on Health insurance within the wider consulting team, supporting colleagues and developing the team by increasing awareness of issues relevant to this space.
  • Manage large projects, overseeing the project delivery by more junior associates, with responsibility for the overall success.
  • Work collaboratively across a range of projects and internal management and innovation responsibilities, managing priorities and resources appropriately.
  • International travel opportunities to support our clients around the world and provide training to staff in other offices to spread health expertise.
  • Develop a trusted advisor relationship with client contacts through effective communication and efficient, high quality execution of client work.
  • Support identifying and building continuous relationships with clients within the health insurance industry.
  • Willingly and energetically become involved across a variety of work to ensure that a broad skill set (technical, management and client) is maintained and developed.
  • Interface with colleagues from other specialisms, practices and regions on assignments that reflect a client’s broader business challenges and needs.
  • Contribute to the development of the company’s intellectual capital, particularly relating to health insurance, including the plans for taking this to market.
  • Develop and present proposals to potential clients, demonstrating the commercial value of our offerings.
  • Build relationships internally and collaborate effectively on cross-functional teams.
  • Manage and mentor more junior associates.

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.

Help us improve and share your feedback! Did you find this helpful?

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