Confused about a new structuring position

I recently received an offer from a front office structuring desk at a major bank, though the salary matches my current base because they expect the bonus to make total compensation appealing. After five and a half to six years in insurance consulting, I am seeking a change; however, I live in Los Angeles with my boyfriend and would need to relocate to New York. We are open to long distance for a couple of years until I establish a stable position on the buy side in Los Angeles. I am also eligible for a promotion at my current firm that would raise my base by about $20,000–$30,000 above the bank’s offer, so I would need to wait until March 2028 to see a real increase there. Given the long hours and modest compensation in the early years, is this job worth taking (I can assume the initial few years as an investment to enter into IB but I’m not super confident that I’ll like the work). Other option I have is to continue at my current firm and build profile for an insurance tech transformation or ALM type of role