Winter 2026

Insurance Consulting Intern/Co-op

Property & Casualty, Life Insurance

Posted on 9/3/2025

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

London, UK

In Person

Expected to attend the office five days per week.

Category
Consulting (7)
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Required Skills
Data Analysis
Requirements
  • Highly numerate and analytical, with the ability to solve complex and challenging commercial problems using innovative and proportionate approaches
  • A clear and confident communicator who can make complicated ideas understandable and engaging for a range of audiences
  • Personable, approachable and motivated to work as part of a supportive team
  • Someone with an interest in and aptitude for learning and developing new ideas
  • In your penultimate year at university
  • On course to achieve a predicted 2:1 degree in a numerate discipline or a predicted 2:1 degree including A-Level Maths grade A/B or equivalent qualifications
Responsibilities
  • Contributing to a variety of client, research and development projects
  • Using actuarial and statistical modelling techniques to analyse data produce insightful results for clients
  • Presenting your analysis to your colleagues
  • Collaborating with colleagues in the UK and globally to tackle real-world actuarial problems
  • Building your core technical and consulting skills through hands-on experience and team support
  • Learning and applying our proprietary insurance technology solutions, which are used widely by the insurance market
  • Growing through structured early-career training and ongoing learning from subject matter experts in the 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