Trust Associate job vacancy in Life Insurance Trust Company – Jobs in South Dakota

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Job Details
Company Name : Life Insurance Trust Company
Company Location : Sioux Falls, SD 57108
Job Position : Trust Associate
Job Category : Jobs in South Dakota

Job Description :

Job Posting

Position: Trust Associate

Location: Sioux Falls, SD

Life Insurance Trust Company 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 family of companies, including ITM TwentyFirst. ITM TwentyFirst is among the largest and best equipped servicers of Trust Owned Life Insurance in the United States. Our purpose is to empower parties of 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 to provide day-to-day administrative support for all aspects of trust administration under the guidance and direction of the Senior Trust Officer. We offer a competitive benefits package, pay, and a positive work environment with a collaborative team focused approach. This position has a clear path for advancement and offers the potential for trust certifications.

In this role, you will make an impact in the following ways

• Assist with completion of daily settlement and account cash flow activities.
• Assist with fee reconciliation and collections.
• Assist Trust Officers in answering client questions and resolve client issues.
• Provide coverage for Trust Officers as necessary and after demonstrated capability to assume such responsibility.
• Assist with and handle all aspects opening and closing accounts.
• Work as a competent member of the team, willingly providing back-up support for co- workers when appropriate and actively supporting group goals.
• Work closely with the Senior Trust Office on special projects and provide support for the Senior Trust Officer on compliance and other administrative tasks.
• Other duties as assigned.

To be successful in this role, you will need the following:

• Bachelor’s degree in business or related field.
• 1-2 years of trust, banking, life insurance, law, or financial services experience.
• Ability to acquire knowledge of the trust administration business.
• Attention to detail and accuracy.
• Strong working knowledge of technology including Microsoft Office Suite.
• Ability to work in a fast-paced environment.

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)
• PIP funds: The company is committed to the continuous improvement and career development of employees. The purpose of the plan is to outline the resources available to support each employee’s career goals and company’s business needs.
• 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
• Book Club

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.

Our privacy notice is available at https://longevity.inc/employment-privacy-notice/

Job Type: Full-time

Pay: $33,000.00 – $37,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Vision insurance

Schedule:

• Monday to Friday

Work Location: One location