Full-Time

Account Director

Workplace Risk

Posted on 7/11/2025

Tranzact

Tranzact

1,001-5,000 employees

Insurance marketplace with analytics and agents

No salary listed

Sydney NSW, Australia

Hybrid

Hybrid working model with a mix of in-person and remote interactions.

Category
Consulting (2)
,
Required Skills
Business Strategy
Requirements
  • Extensive experience working for a national employer, a broker, or a leadership position within the broader workers compensation sector
  • Experience in National Workers’ Compensation arrangements and the key drivers to premiums
  • Demonstrable knowledge and application of policy and premium management across the National Workers’ Compensation landscape
  • Experience in developing and executing a new business strategy
  • Excellent interpersonal, oral and written communication skills
  • Experience in supervising, coaching and mentoring team members
  • Proven ability to organise, prioritise, project manage and work well under pressure
  • A team player with the ability to demonstrate credibility and gain trust
  • A tertiary qualification in Allied Health, or equivalent work experience is desirable
Responsibilities
  • Project management of our national clients’ workplace risk programs, ensuring the delivery of high-quality services
  • Provide our clients strategic advice in policy, premium, claims and injury management
  • Providing Outsourced Return to Work support services for a range of clients
  • Report writing and implementation of client retention strategies, including detailed financial feasibility analysis
  • Support the Insurance Brokers as a technical expert in all aspects of Workers’ Compensation
  • Manage company profile with industry contacts by identifying and maintaining strategic relationships in all key markets
  • Engaging our strategic partners to deliver value to our Company
  • Be an active member of our consultancy team, willingly working on assigned projects and developing team members’ knowledge and skills
  • Identifying new business opportunities for the Company
  • Tender submissions and presentations
Desired Qualifications
  • A tertiary qualification in Allied Health, or equivalent work experience is desirable

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