Yes, this is available for the Standard annual and Premier plans for an additional cost. You can choose the name you want for this URL (e.g., careers, jobs, workwithus, ...), but the link must have the following structure: [careers].your-website.com. Contact us for more information.
Once enabled by our team, everything will work seamlessly. Your careers page will appear exactly as you've built it at that link. It is still editable through the site builder in Workable - no need to go through web programmers to make updates.
With this setup, you can also embed individual job/application form pages to your website with an iframe.