Full-Time

Bureau Relationship Manager

Credit Control

Posted on 7/29/2025

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

Ipswich, UK

Hybrid

Minimum 2 days in office required.

Category
Finance & Banking (2)
,
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • Excellent technical knowledge of the Bureaux
  • Ability to add value to the technical resolution of complex issues
  • Superior and clear communication, with excellent verbal and written communication skills to enable direct negotiation of challenging and difficult issues at organisational levels
  • Strong impact and influence skills, including the ability to remotely influence others to meet agreed targets
  • Clear understanding of escalation procedures and effective business communication routes
  • Good ability to plan and manage personal workload efficiently and effectively, correctly evaluating importance and prioritising accordingly
  • Good working knowledge of internal and external processes
  • Ability to identify opportunities for improvements to practices and procedures
  • Experience of query and issue resolution
  • Proficient use of standard office applications including Microsoft Outlook, Word, Excel and PowerPoint
Responsibilities
  • Provide technical solutions to issues
  • Manage the metrics to ensure all action is taken to achieve these
  • Management of B&DD positions, hands on as necessary to reduce the bad debt position
  • Provide guidance in the recovery of funded positions
  • Ensure ongoing relationships whilst providing clear liaison between BUs, A&S Ipswich and Mumbai and Xchanging
  • Provide strong visibility within the BUs to facilitate resolution of queries
  • Handle escalations, prioritising urgent activity
  • Attend all relevant meetings to achieve successful outcomes
  • Guide and support Mumbai on escalated issues, ensuring any training gaps are referred to the Team Leader so appropriate training can be given by the Tech Leader
  • Provide mentoring / knowledge sharing to ensure all necessary colleagues are upskilled and understand the role of the Bureaux Team and how the Bureaux works

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