What are the responsibilities and job description for the Trust Officer position at Longevity Holdings?
Life Insurance Trust Company (LITCO) is a South Dakota based Trust Company focused exclusively on the administration of Irrevocable Life Insurance Trusts (ILITs) and provides fiduciary services to grantors and beneficiaries of these trusts. Life Insurance Trust Company is a member of the Longevity Holdings LLC family of companies. Longevity Holdings is among the largest and best equipped servicers of Trust Owned Life Insurance in the United States. Our purpose is to empower parties to life insurance policies held in trust to make informed decisions and realize the full value of life insurance assets.
We are looking for a positive and energetic individual with an eagerness to learn and a passion for fiduciary and trust services. We offer a competitive benefits package, pay, and a positive work environment with a collaborative team focused approach.
Essential Job Responsibilities:
Review of trust documents for new business acceptance
Completion of annual account reviews
Assist with settlement and account cash flow activities
Answer client questions and resolve issues
Assist with opening and closing accounts
Serve on the Trust Committee
Administer ILITs in accordance with the Trust Company’s Policies and Procedures
Assists with internal and external audit functions
Work closely with Life Insurance Trust Company’s affiliate company on administration and remediation needs for policies held in trust
Other duties as assigned
Required Skills:
Bachelor’s degree in business or related field
1-2 years’ experience in trust, banking, life insurance, or financial services
Strong verbal and written communication skills
Ability to work in a fast-paced environment, multitask, and think critically
Preferred consideration given for:
Prior trust administration or life insurance experience, CTFA, JD, or MBA
This is a hybrid position based in Sioux Falls, SD. All applicants must be able to work from the Sioux Falls office 3-4 days/week.
Trust Officer
bitgo -
Sioux Falls, SD
Family Trust Officer
360 Headhunter -
Sioux Falls, SD
Senior Trust Officer
National Advisors Brand -
Sioux Falls, SD
