The Trust Administration Specialist within our LITCO business will provide oversight of trust operations, including transaction approvals, cash and fee reconciliations, and third-party processing to ensure accurate settlement and compliance. This role will support Trust Officers and leadership with client inquiries, trust closings, audits, tax preparation, and operational improvement initiatives.  

Responsibilities: 

• Oversee and approve trust transactions, ensuring timely and accurate daily settlement in accordance with internal controls and regulatory requirements  

• Support cash flow reconciliation processes, identifying discrepancies, conducting root cause analysis, and implementing resolutions to maintain financial integrity  

• Own fee reconciliation and collection activities to ensure accuracy, completeness, and alignment with client agreements  

• Monitor third-party vendor performance, including timeliness and compliance of transaction processing; address and resolve issues as needed 

• Serve as an operational partner to Trust Officers, advising on client matters, resolving complex inquiries, and ensuring a high standard of client service  

• Direct trust closing processes, including final account reconciliation, audit review of transactions and fees, and ensuring proper documentation and compliance  

• Coordinate and support tax reporting and audit activities, ensuring readiness, accuracy, and adherence to regulatory and organizational standards  

• Identify and support process improvement initiatives, enhancing efficiency, strengthening controls, and mitigating operational risk  

• Partner with LITCO leadership to support strategic and cross-functional initiatives 

• Perform other related duties as assigned 

Qualifications:

• Bachelor’s degree in business, finance, accounting or related field (or equivalent work experience) 

• 3+ years of trust, banking, life insurance, law, and/or financial services experience  

• Strong attention to detail and understanding of basic accounting principles, including record keeping, collections, and reconciliation  

• Strong understanding of fiduciary responsibilities, regulatory requirements, and risk controls within a trust or financial services environment 

• Ability to analyze information and make recommendations with minimal guidance 

• Proficiency using Microsoft Office 
• Knowledge of trust operations and administration, including transaction processing, trust accounting, and lifecycle management (preferred) 

Location

• Hybrid, with ability to commute to Sioux Falls, SD or Minneapolis, MN office  

• Prolonged periods of sitting/standing at a desk and working on a computer 

A few benefits offered for full-time roles include:

• Comprehensive health insurance, dental insurance, and vision coverage
• Company-paid life insurance, short and long-term disability insurance
• Generous PTO, paid holidays, and floating holidays
• Summer hours: Participating employees will enjoy a half day every other Friday
• Investment in career development including LinkedIn Learning and professional development funds

The base pay range for this role is $52,000 - $72,500. Base pay is positioned within the range based on several factors including an individual’s knowledge, skills, and experience, with consideration given to internal equity.

About Longevity Holdings

Longevity Holdings (doing business through its subsidiaries PBI Research Services, The Berwyn Group, Inc., ITM, Life Insurance Trust Company, Fasano Underwriting, Twentyfirst, Longevity Trading & 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.

Longevity current has offices in these locations: Minneapolis, MN, Cedar Falls, IA, Sioux Falls, SD, Fort Washington, PA, Rockville, MD, Independence, OH, and Omaha, NE.

Equal Employment Opportunity

Longevity Holdings, Inc. is committed to providing equal employment opportunity to all applicants and employees without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.

Longevity Holdings, Inc. complies with all applicable laws governing nondiscrimination in employment and is committed to ensuring equal opportunity in all aspects of employment, including recruitment, hiring, promotion, compensation, benefits, training, and termination.

In addition, Longevity Holdings, Inc. maintains affirmative action programs to employ and advance in employment qualified individuals with disabilities and protected veterans, in accordance with applicable federal law. These programs are designed to ensure equal employment opportunity and to promote accessibility and inclusion in the workplace.

Longevity Holdings, Inc. is committed to making employment decisions based on valid job-related requirements and to maintaining a workplace free from unlawful discrimination and harassment.

Other Items To Note

• Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status (e.g., H1B status, 0-1, TN, CPT, OPT, etc.). We are unable to sponsor or take over sponsorship of an employment Visa at this time or in the future.
• No agency emails, calls, or solicitations are accepted without a valid agreement.

Our privacy notice is available at www.itm21st.com/longevity-holdings-privacy-notice/