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Workplace Benefits Specialist – Corporate Market (NYC)

Bank of America

New York, US$200k – $230konsite

See all 453 open roles at Bank of America

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About this role

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!

Partners with Banking Relationship Managers and Advisors to identify Workplace Benefits sales opportunities (Defined Contribution, Defined Benefit, NQDC, Equity, Health Benefit Solutions). Coordinates pipeline with RMs, sales teams and advisors. Develops and leverages strategies for client engagement and activities. Serves as the lead for preparation of sales materials, pricing and proposals as well as client interaction through close of sales for Defined Contribution, Defined Benefit and NQDC opportunities in the over $10M market segment. Provides guidance to more junior staff, but has no formal supervisory responsibility.

Required: • 10 years of Retirement or Benefits experience; of which five or more years should be sales related.

• Required comprehensive knowledge of the retirement and/or employee benefits business and superior sales skills.

• Series 7 and 63/65 or 66 and Insurance Licenses.

Skills: • Business Acumen

• Business Development

• Oral Communications

• Pipeline Management

• Presentation Skills

• Benefits Plan Development

• Client Management

• Emotional Intelligence

• Product Marketing and Branding

• Active Listening

• Collaboration

• Executive Presence

• Relationship Building

• Sales Strategy

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

Shift: 1st shift (United States of America)

Hours Per Week:  40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$200,000.00 - $230,000.00 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.

Salary insight

The midpoint of this range ($215k) is about 34% above the median disclosed salary for New York roles listed on ForgeApply ($160k across 9,683 jobs).

Based on live postings with disclosed pay on ForgeApply; refreshed daily. Not an estimate of this employer's offer.

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