Full-Time
Finance Consultant
Posted on 7/21/2025
Tranzact
1,001-5,000 employees
Insurance marketplace with analytics and agents
No salary listed
Noida, Uttar Pradesh, India
In Person
 Accounting (1) |
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- Qualified Accountant or Equivalent qualifications with at least 8-10 years of work experience
- Experience in Insurance life or P&C Industry
- Knowledge of IFRS 17 and insurance company’s financial statements
- Coordinate with the accounting workstream leads on the client side to ensure implementation requirements for finance are understood and solutions is finalized in discussion with regional and central finance teams of WTW
- Understand client disclosure tables and CoA and ensure mapping is done with WTW output files
- Understand client technical accounting specifications and clarify WTW accounting positions and ensure client CoA are aligned with WTW accounting requirements at the time of integrations
- Work with clients to ensure their local accounting trial balance are bridged with WTW CoA to drive a single company-level CoA
- Designing financial closing reporting processes and relevant reporting controls under IFRS 17
- Support UAT test cases for financial reporting and provide comfort that financial mapping and outputs match with the output tables of ResQ FR and RAFM
- Support clients in building management information systems and financial analytical framework
- Perform ad hoc tasks as and when required
- Knowledge of SUN, SAP, or Oracle Accounting systems is an advantage
- Good project management skills
- Good knowledge of the finance function, its organization, processes and systems, and current accounting practices under IFRS 4
- Flexibility in responding to the changing business environment and desire for continuous improvements
- A proven track record of establishing and sustaining strong client relationships and good interpersonal skills
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'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
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.
Innovative Leader in Insurance Distribution and Marketing Services to be Run by Existing Management Team,...