Full-Time

Technical Product Owner

Posted on 7/3/2025

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

Mumbai, Maharashtra, India

In Person

Category
Product (1)
Required Skills
Agile
Product Management
SCRUM
Requirements
  • Bachelor’s degree in information technology or related field is required
  • 10–14 years of experience in product management, Agile methodologies, and stakeholder management.
  • Proven expertise in Agile frameworks (Scrum/ SAFe/ Kanban).
  • Strong understanding of product lifecycle management, market trends, and competitive analysis.
  • Experience with Azure Devops
  • Exceptional problem-solving, analytical, and decision-making skills.
  • Ability to work with cross-functional teams to drive product success.
Responsibilities
  • Define and communicate the product vision and roadmap in alignment with business goals.
  • Prioritize features and enhancements based on customer needs, market trends, and business impact
  • Drive product innovation and continuous improvement to maintain a competitive edge.
  • Act as the primary liaison between business stakeholders, customers, and development teams.
  • Gather and translate business requirements into actionable user stories and backlog items.
  • Ensure alignment between technical implementation and business objectives
  • Own and manage the product backlog, ensuring clarity and prioritization of features.
  • Work closely with Scrum Teams to refine stories, accept delivered work, and ensure quality.
  • Facilitate Agile ceremonies, including Sprint Planning, Reviews, and Retrospectives.
  • Ensure timely delivery of high-impact features that align with the Agile roadmap.
  • Conduct market research and analyze user feedback to optimize product offerings.
  • Collaborate with UI/UX designers to enhance usability and ensure seamless customer experience.
  • Define and track KPIs, ensuring continuous product improvements based on data insights
  • Mentor teams on product best practices, Agile frameworks, and delivery excellence.
  • Work closely with engineering, marketing, and sales teams to drive product success.
  • Champion a culture of collaboration, innovation, and accountability.
Desired Qualifications
  • Certifications such as Certified Scrum Product Owner (CSPO) or SAFe PO/PM are 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.

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