The Role
Develop and support global trading, risk, and back-office systems. Responsibilities include building client- and server-side software, databases, web applications, APIs, and integrations; maintaining and enhancing existing systems; collaborating independently with developers, traders, and nontechnical stakeholders; and following software development lifecycle and source-control practices. The role may involve financial markets technology, cloud platforms, multithreaded programming, and containerization.
Summary Generated by Built In
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.
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.
Skills Required
- Proficiency in C# and/or C/C++ or comparable programming languages
- Working knowledge of software development life cycles
- Familiarity with web API implementation, including HTTP/S, REST, and authentication
- Familiarity with relational database schemas and efficient query construction
- Bachelor's degree in Computer Science or equivalent degree
- Excellent communication skills
- Consistent positive collaboration with peers and/or customers
- Professionalism, reliability, timeliness, courtesy, and appropriate workplace conduct
- Experience with financial markets, mutual funds, portfolio management, and derivatives
- Experience coding complex projects in VBA
- Knowledge of Git source control
- Understanding of SDLC, source-control systems, and branching patterns
- Experience with multithreaded programming
- Experience integrating with cloud vendors such as Microsoft Azure or Amazon Web Services
- Familiarity with issue-tracking and SDLC tools such as JIRA, Azure DevOps, or GitHub
- Exposure to Excel, VBA, SAS, Python, or similar programming environments
- Experience with containerization and orchestration technologies such as Docker or Kubernetes
- Ability to work in person at the Milliman Chicago office weekly
Milliman Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Milliman and has not been reviewed or approved by Milliman.
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Healthcare Strength — Core coverage includes subsidized medical, dental, and vision, plus company-paid life, AD&D, and disability. Materials highlight robust health protections as part of the standard package.
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Retirement Support — A 401(k) with matching is paired with profit-sharing contributions described as generous. These features can significantly bolster long-term compensation when contributions are strong.
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Parental & Family Support — Paid parental leave and family-building support (adoption and fertility) are available alongside caregiver and emotional support resources. These programs extend protection beyond core insurance to meet family needs.
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The Company
What We Do
Milliman is among the world’s largest independent actuarial and consulting firms. Founded in Seattle in 1947, Milliman has offices in key locations worldwide. Through consulting practices in employee benefits, healthcare, investment, life insurance and financial services, and property & casualty/general insurance, Milliman serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. In addition to consulting actuaries, Milliman’s body of professionals includes numerous other specialists, ranging from clinicians to economists.
