Actuarial and Investment Analyst – Institutional Retirement - job 1 of 3

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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:• Monitoring investment strategies on a day-to-day basis.• Creating, reviewing, and distributing monthly and quarterly performance 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• Responsibilities include monitoring financial performance of Retirement product, working with more senior Product Managers in developing product plans, strategies, and enhancements, and performing data collection and coordination activitiesRequired:• Bachelor’s degree in actuarial science, finance, mathematics, statistics, or a related field.• 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.• Holds one or more of the following actuarial designations:Associate of the Society of Actuaries (ASA)Fellow of the Society of Actuaries (FSA)Enrolled Actuary (EA)Desired:• Series 7/66 preferred but not requiredSkills:• Business Acumen• Data Management• Oral Communications• Presentation Skills• Written Communications• Benefits Plan Development• Business Analytics• Collaboration• Analytical Thinking• Innovative Thinking• Problem Solving• Product ManagementIt is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.Shift:1st shift (United States of America)Hours Per Week:40