Morningstar Development Program for Technologists at Morningstar

| Chicago
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The Program: We built the Morningstar Development Program for Technologists to evolve recent college graduates and prepare them for successful, long-term careers at our company. Throughout this two-year program, you will tackle different roles across Morningstar's technology business. In the Technology organization, you'll be part of a diverse team that builds innovative and useful software that users love, using contemporary techniques, tools, and infrastructure.
From Day 1, you'll be immersed in the role, and we'll invest in your career development as you discover what areas of technology are best aligned to your interests and skills through face time with leaders, and our mentorship program. Additionally, while you'll have all the perks of being an MDP, you'll also find a close-knit group of peers in our Tech program as you all attend workshops, Tech MDP lunches, and participate in Hackathons together.
The Role: The Morningstar Development Program for technologists is accepting applicants with zero to two years of full-time work experience. We are looking for self-starters who see technology as an art, understands business goals, and can build scalable, flexible software solutions by taking technical direction and applying modern software development and quality practices. We expect that you've mastered the technologies, languages, or development environments you've been working with-whichever they may be-and that you will be able to learn any technology or language that's needed.
All positions are based in our Chicago office.
  • Design and develop Java, .NET, and Objective-C applications to be flexible, scalable, and robust; collaborate on object-oriented designs, domain modeling, and quality assurance
  • Contribute to ongoing training sessions, stretch projects, and roundtable discussions while developing a strong foundation of knowledge to use
  • Develop critical skills and areas of expertise that will prepare you for advancement into positions across the organization
  • Adhere to good Agile practices such as test-driven development, continuous integration, and automated deployment
  • Write and execute automated functional and unit tests
  • Working with cross-functional teams across the globe
  • Analyze and address production issues; build instrumentation and operational readiness into the system architecture
  • Act as a software guardian by taking ownership of nonfunctional elements, architectural direction, and the quality of the code, while addressing technical debt
  • Support architectural, design, and engineering practices to launch products to Morningstar's private cloud

Preferred Qualifications:
  • An exceptional academic record
  • Excellent coding skills
  • The ability to integrate into a team and work well with others
  • Experience in analysis, design, coding, and implementation of large-scale Java object-oriented applications and modern web applications
  • Strong knowledge of object-oriented design including design patterns and their applicability
  • Experience with Agile methodologies such as Extreme Programming (XP) and Scrum
  • Knowledge of good design practices like encapsulation, composition, and engineering with continuous integration and test-driven development
  • Awareness of activity in the open-source world; contribution to the open-source community is a big asset
  • Knowledge of UNIX/Linux and exposure to MySQL/SQL Server databases

  • A bachelor's degree or higher
  • 0-2 years of experience
  • A resume is required to apply.
    **Please be sure to include the word "Resume" in the name of the resume you upload to your application on the front page.

Please note, the earliest available start date is November 2021.
If you are passionate about a role outside of technology, please apply to the general Morningstar Development Program. You cannot apply to both programs.
Morningstar employees are required to be fully vaccinated or submit to regular testing to work in any office. Morningstar's vaccine policy may be modified to comply with evolving legal requirements and other changing circumstances.
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Technology we use

  • Engineering
    • .NETLanguages
    • C#Languages
    • C++Languages
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • RubyLanguages
    • ScalaLanguages
    • SqlLanguages
    • D3JSLibraries
    • ReactLibraries
    • AngularJSFrameworks
    • ASP.NETFrameworks
    • Backbone.jsFrameworks
    • Ember.jsFrameworks
    • ExpressFrameworks
    • FlaskFrameworks
    • Node.jsFrameworks
    • PlayFrameworks
    • SpringFrameworks
    • MariaDBDatabases
    • MemcachedDatabases
    • Microsoft SQL ServerDatabases
    • MySQLDatabases
    • PostgreSQLDatabases


22 W. Washington , Chicago, IL 60602

An Insider's view of Morningstar

What does your typical day look like?

Every day is a little different. Our team is focused on POC (Proof of Concepts). My work involves problem-solving, development and software design. I work on the Data collections team, currently most of this involves, on a high level, automating the process currently used to collect data from raw sources through Machine Learning.


Software Engineer, Data Collections - AI R&D

How does the company support your career growth?

We believe in promoting from within, based on previous impact to the team. Whenever possible, we will stretch our employees to take on expanded roles that aligns with the career progression they are interested in.


Head of Technology and Product

What are Morningstar Perks + Benefits

Morningstar Benefits Overview

At Morningstar, your contributions have meaning and can drive change. Across our 27 offices worldwide, we’ve invested in fostering a community where talented, driven people can grow. Our entrepreneurial spirit and uncompromising ethics guide everything we do. It’s all in the name of empowering investors. Morningstar is proud to offer a comprehensive benefits package to eligible, full-time employees in the United States who work a minimum of 30 hours per week. Our benefits are designed to invest in your -- and your family's well-being, including investments in your health and financial future.

Volunteer in local community
Morningstar encourages our colleagues to become involved in their communities, by providing paid time off for volunteer activities.
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Daily sync
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Morningstar encourages unconscious bias training for all employees, especially managers and hiring personal. We believe that by raising awareness of bias we can decrease its effects.
Diversity manifesto
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Morningstar offers two Flexible Spending Accounts (FSA)— one for healthcare expenses and one for dependent care expenses. You may enroll in both $ determine the contribution amount.
Disability Insurance
Dental Benefits
Our dental plan covers 100% of preventive services, 80% of basic services, and 50% of major services.
Vision Benefits
With Morningstar's vision benefits you can get an annual eye exam with an in-network provider with just a $10 copay.
Health Insurance Benefits
Morningstar continues to offer the choice of two medical plans—the Savings Plan and the Classic Plan. Both are administered by Blue Cross and Blue Shield of Illinois (BCBS).
Life Insurance
Morningstar offers 4 tiers of life insurance that offer varying benefits. Basic Life insurance is equal to 1 times an employee's annual salary.
Wellness Programs
Mental Health Benefits
Our insurance covers 80% on in-network mental health services. Our Employee Assistance Program provides no-cost, confidential, 24-hour counseling on a wide variety of issues.
Retirement & Stock Options Benefits
Take advantage of a number of Morningstar tools to help you manage your 401(k) account and your finances, including Morningstar Retirement Manager, available to you at no cost.
401(K) Matching
Morningstar provides employees with a 401(k) matching plan managed. We match $0.75 for every dollar contributed, up to a maximum of 7% of employee pay contributed to the plan each pay period.
Company Equity
Morningstar’s global employee equity benefit, Shared Ownership, enables you to take a portion of your bonus payout and exchange it for RSUs, with Morningstar providing an additional 50% match.
Employee Stock Purchase Plan
Colleagues who exceed their performance goals substantially may be eligible for Impact RSU Awards as an additional reward on top of their cash bonus/commission award.
Performance Bonus
Match charitable contributions
Morningstar's Matching GIfts program will match your charitable giving up to the local currency equivalent of $500 USD per calendar year.
Child Care & Parental Leave Benefits
Child Care Benefits
Morningstar offers the option of in-home child and elder care, in addition to the existing day care center back-up care benefit.
Generous Parental Leave
Morningstar has a global minimum of 6 weeks paid time-off to bond with new family members. This benefit applies to all individuals equally, including birth mothers, fathers, adoptive parents.
Flexible Work Schedule
Morningstar provides employees with a flexible work schedule that includes Summer hours, Work from home, Flexible start and end times.
Remote Work Program
The safety of our employees is very important to us. We have been operating remotely due to COVID-19.
Family Medical Leave
Eligible employees may take up to 12 weeks of job-protected, unpaid leave per year for certain specified reasons, and up to a total of 26 workweeks of leave to care for a family member.
Adoption Assistance
We reimburse up to 80% for eligible adoption expenses, up to $4,000 per adoption, in addition to a minimum of 6 weeks paid time off.
Return-to-work program post parental leave
Company sponsored family events
Morningstar sponsors family oriented events Annually.
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Paid Volunteer Time
Our employees receive 2 days per year of paid volunteer time.
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Some Meals Provided
Happy Hours
Recreational Clubs
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Diversity Program
Lunch and learns
Cross functional training encouraged
Promote from within
Mentorship program
Continuing Education stipend
Time allotted for learning
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

Compensation at Morningstar is more than a salary. It’s about making positive contributions to both life and work. We give our diverse workforce the choice and flexibility they need to maintain their health, retirement plans, time, and professional growth.

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