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The Department
The Trading Technology Department consists of technologists across development, quality assurance and DevOps teams. We are a full-stack team providing all technology required by FRM’s global trading operations. These trading operations include the portfolio management, trading, and trade operations teams. Our systems include financial mathematics to calculate risk, order management and routing systems to send orders, market data, reporting, and trade reconciliation for a wide variety of financial instruments traded around the world.
The Role
The Software Developer works with other developers on the team in the creation and support of trading, risk and back-office systems which are used on a global basis.
Your Responsibilities:
- Create, maintain, and enhance systems to support our growing business. This includes both client and server-side software, database, and potentially intranet-based web development.
- Take on responsibilities only limited by your abilities and work with a fair degree of independence.
- Work and communicate clearly with other technical and non-technical team members including traders.
Job Knowledge, Experience Skills
Job Knowledge Required
- Proficiency in C# and/or C/C++ (or comparable programming languages)
- Working knowledge of software development life cycles
- Familiarity with implementation of web APIs (HTTP/S protocol, REST, authentication, etc.)
- Familiarity with relational database schema and efficient query construction
Experience and Soft Skills Required
- B.S. in Computer Science or equivalent degree
- Excellent communication skills
- Demonstration of consistent positive collaboration with peers and/or customers
- Recognition and adherence to standards of professionalism (e.g., reliability, timeliness, courtesy, appropriate attire, etc.)
Additional Knowledge and Skills to Build
- Experience with financial markets, mutual funds, portfolio management, and derivatives
- Experience coding complex projects in VBA
- Knowledge of Git source control system
- Understanding of SDLC
- Source control systems and branching patterns.
- Multithreaded programming.
- History integrating with one or more cloud vendors (e.g., Microsoft Azure, Amazon Web Services, etc.)
- Familiarity with issue-tracking and related SDLC tools (e.g., JIRA, Azure DevOps, GitHub, etc.)
- Exposure to programming environments common to insurance professionals (e.g., Excel and VBA, SAS, Python, etc.)
- Experience with containerization and orchestration technologies (e.g., Docker, Kubernetes, etc.)
Location
Candidates hired into this role will be required to work in-person in the Milliman office in Chicago, IL on a weekly basis, but flexible work arrangements will be considered. The expected application deadline for this job is July 1, 2026.
Compensation
The overall range for this role is $68,080 - $109,020. A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.
The overall range for this role is $68,080 - $109,020. A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.
Benefits
We offer a comprehensive benefits package designed to support employees’ health, financial security, and well-being.
Benefits include:
- Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
- Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
- 401(k) Plan – Includes a company matching program and profit-sharing contributions.
- Discretionary Bonus Program – Recognizing employee contributions.
- Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses.
- Paid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
- Holidays – A minimum of 10 paid holidays per year.
- Family Building Benefits – Includes adoption and fertility assistance.
- Paid Parental Leave – 11 weeks of paid leave for employees who meet eligibility criteria.
- Life Insurance & AD&D – 100% of premiums covered by Milliman.
- Short-Term and Long-Term Disability – Fully paid by Milliman.
Equal Opportunity
All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Milliman Chicago, Illinois, USA Office
71 S Wacker Drive, Suite 3100, Chicago, IL, United States, 60606
What you need to know about the Chicago Tech Scene
With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.
Key Facts About Chicago Tech
- Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
- Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
- Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
- Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory
