About Us

Bank of America provides people, companies, and institutional investors with industry-leading financial products and services.

Size: 10000+ employees
Industry: Financial Services

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Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

• As an Actuarial and Investment Analyst
• Institutional Retirement, you will be responsible for assisting with the creation, development, and monitoring of investment strategies developed for institutional retirement plans - typically defined benefit (pension) plans. You'll play a key role in supporting the primary functions of the actuarial investments team.

Key Responsibilities:

• 3+ years of institutional investment experience.
• Seasoned strategist capable of independently completing complex analyses.
• Monitoring investment strategies on a day-to-day basis.
• Creating, reviewing, and distributing monthly and quarterly monitoring reports.
• Conducting asset-liability modeling (ALM) studies used to set investment strategies.
• Communicating regularly with internal partners and external clients.
• Self-managing through routine tasks and collaborating during larger projects.
• Contributing to the development of new thought-leadership and whitepapers.
• Developing analysis on pension plans using publicly available data to support the sales process.

Required:

• 3+ years of actuarial or institutional investment experience.
• Very proficient with Microsoft Office - especially MS Excel. VBA programming experience a plus.
• Strong analytical skills and an ability to learn new financial modeling software.
• Excellent communication skills, both written and verbal.
• Self-managing through internal partners and external clients.

Desired:

• Bachelor's degree in actuarial science, finance, mathematics, statistics, or a related field.
• Actuarial exams passed:

Associate of the Society of Actuaries (ASA)

Fellow of the Society of Actuaries (FSA)

Enrolled Actuary (EA)

Skills:

Business Analytics

Business Intelligence

Data & Trend Analysis:

Data Mining

Data Modeling

Data Quality Management:

Reporting

Research Analysis

Risk Analytics

Risk Modeling

Minimum Education Requirement: High School Diploma / GED / Secondary

School or equivalent. Bachelor's degree or equivalent work experience preferred.

For internal employees; participation in a work from home posture does not make you ineligible to post

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

• US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - NJ - Pennington - 1400 American Blvd
• Hopewell Bldg 4 (NJ2140), US - NY - New York
• ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

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Pay and benefits information Pay range**$177,800.00 - $219,200.00** annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Client-provided location(s): Boston, MA, New York, NY, Charlotte, NC, Jacksonville, FL, Pennington, NJ

Job ID: Bank OfAmerica-JR-25034176

Employment Type: FULL_TIME

Posted: 2026-01-14T19:00:19
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Perks and Benefits

Health and Wellness

• FSA
• HSA
• Health Insurance
• Dental Insurance
• Vision Insurance
• Life Insurance
• Short-Term Disability
• Long-Term Disability
• Pet Insurance
• Mental Health Benefits

Parental Benefits

• Non-Birth Parent or Paternity Leave
• Birth Parent or Maternity Leave
• Adoption Assistance Program
• Adoption Leave
• Family Support Resources

Work Flexibility

Office Life and Perks

Vacation and Time Off

• Leave of Absence
• Personal/Sick Days
• Paid Holidays
• Paid Vacation
• Sabbatical
• Volunteer Time Off

Financial and Retirement

• 401(K) With Company Matching
• 401(K)
• Financial Counseling

Professional Development

• Tuition Reimbursement
• Internship Program
• Associate or Rotational Training Program
• Mentor Program
• Access to Online Courses

Diversity and Inclusion

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