Full-Time

Actuarial Analyst

Life Division

Posted on 9/5/2025

Deadline 12/31/25
Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

Toronto, ON, Canada

Hybrid

Hybrid - Toronto office

Category
Finance & Banking (1)
Required Skills
Excel/Numbers/Sheets
Requirements
  • Completion within the next year of a bachelor’s or master’s degree in actuarial science, mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0
  • Successful completion of one or more actuarial exams highly preferred
  • Work or extracurricular experience that demonstrates strong technical and/or client service skills and leadership skills (actuarial internship preferred)
  • Excellent oral and written communication skills
  • Strong computer skills and proficiency in Microsoft Office, particularly Excel; additional programming/software skills preferred
  • Accepting applications from candidates that graduate with a Bachelor’s or Master’s degree between May 2025 through June 2026
Responsibilities
  • Assist with the pricing, valuation and development of insurance products
  • Work to develop financial projections of clients’ insurance business
  • Follow the firm’s Excellence guidelines
  • Seek and participate in key learning and development opportunities/maintain steady progress towards actuarial credentials
  • Build strong relationships internally and with client representatives
  • Document, review and present your own work
  • Assist in creating detailed project plans
  • Monitor project progress against deadlines and budget
Desired Qualifications
  • Successful completion of one or more actuarial exams highly preferred
  • Work or extracurricular experience that demonstrates strong technical and/or client service skills and leadership skills (actuarial internship preferred)
  • Additional programming/software skills preferred

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