Demo

New Business Development Director

Longevity Holdings Inc
Minneapolis, MN Full Time
POSTED ON 1/13/2025
AVAILABLE BEFORE 4/3/2025

Tuesday, December 10, 2024

Longevity Holdings (doing business through its subsidiaries PBI Research Services, The Berwyn Group, Inc., ITM, Life Insurance Trust Company, Fasano Underwriting, Twentyfirst, Maple Life Financial, Maple Life Analytics, and LexServ) is a fast-growing company that provides senior longevity data, analytics and services to the pension, benefits, life insurance, structured settlement, and life settlement markets.

The Life Insurance Trust Company (LITCO) is a fast-growing organization and the country’s largest corporate trustee for irrevocable life insurance trusts (ILITs). Our team specializes in all aspects of managing life insurance trusts while delivering superior results for grantors and beneficiaries.

To maximize our opportunities and continue our significant growth trajectory, we are hiring a New Business Development Director to lead our efforts in expanding LITCO’s role as the preferred corporate trustee for newly created ILITs.

Position Overview :

The great wealth transfer is underway. An estimated $84 trillion of wealth will change hands by 2045. Life insurance trusts are a key estate planning tool. The New Business Development Director will play a pivotal role in driving LITCO’s business development and positioning our organization as a trusted partner within the estate planning community. When new ILITs are created, we want advisors to recommend LITCO to families for trustee services. The New Business Development Director will report directly to the President of Financial Services division of LITCO’s parent company, Longevity Holdings.

Key Responsibilities :

  • Strategic Business Development :
  • Build and strengthen relationships with existing partners, including large life insurance carriers and financial institutions.
  • Develop partnerships within the estate planning and life insurance community to position LITCO as the corporate trustee of choice for newly created ILITs.
  • Ensure LITCO is approved as a vendor at institutions that influence life insurance sales.
  • Industry Engagement :
  • Represent LITCO at conferences, webinars, and other industry events, showcasing our expertise and value proposition.
  • Deliver compelling presentations to centers of influence in the creation of ILITs, including estate planning attorneys, wealth advisors, and life insurance and premium finance advisors / agents to highlight the advantages of partnering with LITCO for all newly formed ILITs.
  • Partnership Cultivation :
  • Develop and maintain a network of estate planning attorneys, wealth advisors, and life insurance and premium finance advisors / agents.
  • Collaborate with these professionals to identify opportunities for LITCO’s corporate trustee services.
  • Thought Leadership :
  • Stay abreast of industry trends and developments to ensure LITCO remains at the forefront of the corporate trustee landscape for ILITs.
  • Advocate for best practices and innovation in the administration of ILITs.

Qualifications :

  • Proven track record of success in business development and relationship building within the financial services, life insurance, or estate planning industries.
  • Exceptional presentation skills, with the ability to effectively communicate with diverse audiences, including legal professionals, financial institutions, and industry leaders.
  • Strong understanding of the ILIT market and its associated stakeholders.
  • Ability to travel as needed to attend conferences and events, meet with partners, and develop relationships.
  • 10 years of industry experience.
  • Relationship-building expertise with a focus on establishing trust and credibility.
  • Strategic thinking and the ability to identify and seize opportunities for growth.
  • Confidence in public speaking and delivering professional presentations.
  • Strong collaboration skills and the ability to work effectively with cross-functional teams.
  • Why Join LITCO?

  • LITCO is fast growing and offers critical services to the enormous life insurance, estate planning and wealth advisory industries.
  • LITCO’s growth has largely been fueled by partnering with large financial institutions and trust companies that have transferred their existing ILITs in bulk to LITCO. This role provides the opportunity to accelerate LITCOs growth by focusing on newly originated ILITs that are part of most comprehensive estate plans. This aspect of LITCO’s business has grown 35% plus per year over the last three years and we believe adding a Business Development Director to lead this channel will further accelerate LITCO’s growth.
  • Work with a dynamic team of professionals dedicated to delivering superior outcomes for clients.
  • LITCO’s parent company, Longevity Holdings, is owned by a leading private equity firm focused on investing in growth.
  • Competitive compensation package, including benefits and opportunities for professional development.
  • Perks of working with us :

  • Summer hours (Friday FLEX program) : full time employees will be able to participate in our summer flex hours. Participating employees will enjoy a four-hour work day every other Friday (must still work 40 hours).
  • WEX (lifestyle) funds : The company is committed to the continuous improvement and career development of employees.
  • Career pathing : we develop a career path that identifies opportunities for advancement based on your unique skills, interests, career objectives, and details the steps needed to take.
  • A sense of belonging : We are committed to offering a diverse and inclusive workplace.
  • Virtual contests and giveaways plus team building activities.
  • We give priority to candidates residing in states where we have offices : Minnesota, Iowa, Maryland, Nebraska, Pennsylvania, Ohio, and South Dakota.

    We will only consider applicants who live in these states : CT, DC, DE, FL, GA, IA, IL, KY, MA, MD, MN, NC, NE, NJ, OH, PA, RI, SC, SD, TN, TX, VA, and WI. Applicants outside of these states will not be considered for this position.

    Longevity Holdings Inc. prohibits discrimination and harassment and will take affirmative action to employ and advance in employment qualified individuals based on their status as protected veterans or individuals with disabilities, race, color, religion, sex, national origin, sexual orientation and gender identity.

    J-18808-Ljbffr

    Salary : $84

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a New Business Development Director?

    Sign up to receive alerts about other jobs on the New Business Development Director career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $215,042 - $285,725
    Income Estimation: 
    $272,340 - $371,244
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at Longevity Holdings Inc

    Longevity Holdings Inc
    Hired Organization Address Minneapolis, MN Full Time
    ITM TwentyFirst LLC - Minneapolis Office, Minneapolis, Minnesota, United States of America Please make an application pr...
    Longevity Holdings Inc
    Hired Organization Address Minneapolis, MN Full Time
    Longevity Holdings is seeking an Associate Production Support to play a meaningful role in the monitoring and production...
    Longevity Holdings Inc
    Hired Organization Address Omaha, NE Full Time
    Longevity is growing! We are seeking a talented Valuation Analyst who is Responsible for analyzing financial statements,...
    Longevity Holdings Inc
    Hired Organization Address Minneapolis, MN Full Time
    The Berwyn Group is a fast-growing organization with market leading solutions in the population management category. In ...

    Not the job you're looking for? Here are some other New Business Development Director jobs in the Minneapolis, MN area that may be a better fit.

    Manager of Marketing & New Business Development

    DIVERSIFIED ADJUSTMENT SERVICE, Inc., Minneapolis, MN

    Business Development Director

    TT Electronics plc, Minneapolis, MN

    AI Assistant is available now!

    Feel free to start your new journey!