Full-Time

Senior Advisor

Finance, Multiple Teams

Posted on 7/25/2025

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

Mumbai, Maharashtra, India

In Person

Category
Accounting (3)
, ,
Required Skills
Oracle
Excel/Numbers/Sheets
Requirements
  • B. Com / BAF / M. Com
  • Basic accounting skills
  • Journal Entries
  • Bank Reconciliation
  • Ledger Posting
  • Ledger Scrutiny
  • Good verbal and written communication skills
  • Good working knowledge of Microsoft Office, particularly Word & Excel
  • Attention to detail is vital to succeed in this role
  • Energetic, enthusiastic individuals
  • Logical thinking skillset is a must
  • Ability to learn new processes and systems, also should have the ability to adapt to changes
  • Ability to prioritise and organise tasks, work within stiff timelines
  • Ability to work independently and as part of a team
  • Able to get on with others; be a team-player
  • Ability to work under pressure, do multi-tasking and meet tight deadlines
  • Should be a quick learner and team player
  • Able to develop working relationships with offshore teams and collaborate with others
  • Experience demonstrating ownership, management, and oversight of end-to-end processes
  • Familiarity with Oracle General Ledger system, Blackline Reconciliation System, and business reporting tools such as Hyperion is considered beneficial
Responsibilities
  • Managing and supporting multiple entity accounts
  • Liaising with country CFOs to facilitate efficient closing processes
  • Conduct monthly reporting and reconciliations (Blackline)
  • Post month-end journals using Oracle
  • Reconcile all accounts with the General Ledger within Group timelines, identifying and resolving discrepancies promptly
  • Support the implementation of new systems and process changes
  • Develop and maintain strong stakeholder relationships
  • Ensure timely completion of all reconciliations during the month-end process
  • Participate actively in knowledge-sharing forums across the organization
  • Uphold absolute data integrity and work to minimize processing errors
  • Monitor compliance with guidelines to achieve monthly targets and metrics
  • Apply appropriate controls to address and mitigate process gaps
  • Helping / assisting other team members & seniors in completing / meeting deadlines after finishing self-tasks
  • Adhering to any compliance and governance requirements of the organization
Desired Qualifications
  • Familiarity with Oracle General Ledger system, Blackline Reconciliation System, and business reporting tools such as Hyperion is considered beneficial

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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People at Tranzact who can refer or advise you

Benefits

Hybrid Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

-7%

1 year growth

-7%

2 year growth

-7%
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