You need another class - an object with one property IdentityService:
public class RootObject
{
public IdentityService IdentityService { get; set; }
}
, JSON, , IdentityService, , IdentityTtlInSeconds LookupDelayInMillis. , , JSON.
:
var rootObject = JsonConvert.DeserializeObject<RootObject>(itemAsString);
_identityService = rootObject.IdentityService;