Full-Time

Senior Manager

Retention, Health and Benefits

Posted on 9/5/2025

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

Noida, Uttar Pradesh, India

In Person

Category
Sales & Account Management
Required Skills
Market Research
Word/Pages/Docs
Risk Management
Data Analysis
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • MBA/ Bachelor’s degree or equivalent work experience in related field
  • 7+ years experience in managing clients within health and benefits space
  • Demonstrated experience within b2b environment with proven track record of meeting and exceeding targets
  • Excellent verbal and written communication skills, including facilitation of group presentations
  • Proficiency in Microsoft Office applications, including Outlook, Word, Excel, PowerPoint and Access and industry-specific analysis software
  • Basic understanding of the insurance industry, with the ability to become a subject matter expert on the job
  • Innovation and problem-solving skills that include the ability to develop and propose equipment-based solutions for clients.
Responsibilities
  • Conduct thorough assessments of clients' insurance requirements by analyzing their existing coverage, evaluating risks, and understanding their financial goals
  • Build and maintain strong relationships with clients to foster loyalty and long-term partnerships
  • Stay updated with industry trends, market conditions, and changes in insurance regulations
  • Conduct regular market research to identify emerging opportunities, competitive pricing, and new insurance products that can benefit clients
  • Collaborate with internal teams to streamline processes and provide a seamless experience to clients
  • Ensure client service team understanding of client needs, service delivery methods, and the other framework relevant to services delivered
  • Drive the renewal process, assembling the appropriate team to develop and implement the client-specific renewal strategy
  • Educate clients on risk management, market issues and relevant trends
  • Serve as a trusted adviser; monitor client satisfaction; report and resolve client issues and concerns and review client expectations to ensure relationship is mutually acceptable
  • Perform other related duties as assigned
  • Act as point of contact for complaints and escalate issues as appropriate
  • Ensure both the company and clients adhere to compliance
  • Collaborate with internal teams (e.g. Finex, P&C etc.) to address client’s needs
  • Actively work with Sales colleagues in creating Proposals, RFPs, analytics and leads
  • Ensure WTW brand values are communicated to market in the right essence.

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