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Algorithm Engineer Intern Jobs in Illinois (NOW HIRING)

TransMarket Group

Algorithmic Trader Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

Description As an Algorithmic Trader Intern, you will have the opportunity to learn and experience ... Learn and master programming languages * Develop, code, maintain and support production-quality ...

TransMarket Group

Algorithmic Trader Intern

Chicago, IL

$15.50 - $20.50/hr

Description As an Algorithmic Trader Intern, you will have the opportunity to learn and experience ... Learn and master programming languages * Develop, code, maintain and support production-quality ...

Akuna Capital

Quantitative Research Intern

Chicago, IL · On-site

$130K/yr

Design and implement optimization algorithms for portfolio construction. * Develop quantitative ... Intermediate programming skills in Python * The ability to react quickly and accurately to rapidly ...

OceanComm, Inc.

Engineering Intern / Co-op

Chicago, IL · On-site

$35 - $55/hr

Join OceanComm's engineering team and help build undersea drones, intelligent sensors, and other ... Strong fundamentals (data structures / algorithms or circuits / digital / embedded or controls ...

OceanComm, Inc.

Engineering Intern / Co-op

Chicago, IL · On-site

$35 - $55/hr

Join OceanComm's engineering team and help build undersea drones, intelligent sensors, and other ... Strong fundamentals (data structures / algorithms or circuits / digital / embedded or controls ...

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All JobsAlgorithm Engineer Intern JobsAlgorithm Engineer Intern Jobs in Illinois

Algorithm Engineer Intern information

See Illinois salary details

$10

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$28

How much do algorithm engineer intern jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for algorithm engineer intern in Illinois is $18.72, according to ZipRecruiter salary data. Most workers in this role earn between $15.62 and $20.29 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an algorithm engineer intern?

Excelling as an Algorithm Engineer Intern requires strong problem-solving abilities, proficiency in programming languages such as Python or C++, and a solid understanding of data structures, algorithms, and mathematics, often supported by ongoing studies in computer science or a related field. Familiarity with version control systems like Git, as well as experience with machine learning frameworks or relevant academic coursework, is typically expected. Excellent communication skills, a collaborative mindset, and eagerness to learn set candidates apart in this team-oriented environment. These skills are crucial to successfully contribute to real-world projects, adapt quickly, and effectively solve technical challenges in dynamic work settings.

What types of projects or tasks can I expect as an algorithm engineer intern?

As an Algorithm Engineer Intern, you can expect to work on a mix of real-world projects, such as developing and optimizing algorithms, analyzing data sets, or assisting in research and prototyping. You may also help implement algorithmic solutions for existing products or services under the guidance of senior engineers and participate in code reviews and team meetings. Interns often collaborate closely with software engineers, data scientists, and other team members, gaining exposure to both technical and cross-functional work. These experiences provide valuable hands-on training and a springboard for future roles in software engineering or data science.

What does an algorithm engineer intern do?

An Algorithm Engineer Intern develops, optimizes, and implements algorithms to solve complex problems in fields like machine learning, data processing, or computer vision. They work closely with experienced engineers to analyze large datasets, improve existing models, and write efficient code. Responsibilities may include researching new algorithmic approaches, debugging issues, and testing performance. This role requires strong mathematical skills, programming proficiency (commonly in Python, C++, or Java), and familiarity with data structures and algorithms.

What are the most commonly searched types of Algorithm Engineer jobs in Illinois? The most popular types of Algorithm Engineer jobs in Illinois are:
What are popular job titles related to Algorithm Engineer Intern jobs in Illinois? For Algorithm Engineer Intern jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Algorithm Engineer Intern jobs in Illinois look for? The top searched job categories for Algorithm Engineer Intern jobs in Illinois are:
What cities in Illinois are hiring for Algorithm Engineer Intern jobs? Cities in Illinois with the most Algorithm Engineer Intern job openings:
Algorithm Engineer Intern jobs near you
Infographic showing various Algorithm Engineer Intern job openings in Illinois as of August 2026, with employment types broken down into 90% Full Time, 5% Part Time, and 5% Contract. Highlights an 86% Physical, 5% Hybrid, and 9% Remote job distribution, with an average salary of $38,930 per year, or $18.7 per hour.

Campus UI Software Engineer (Intern)

Jump Trading

Chicago, IL • On-site

$250K/yr

Other

Re-posted 2 days ago

Job description

Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to global financial markets. Our culture is unique. Constant innovation requires fearlessness, creativity, intellectual honesty, and a relentless competitive streak. We believe in winning together and unlocking unique individual talent by incenting collaboration and mutual respect. At Jump, research outcomes drive more than superior risk adjusted returns. We design, develop, and deploy technologies that change our world, fund start-ups across industries, and partner with leading global research organizations and universities to solve problems.

Core Development is a global team of technologists who lean into the cutting edge of agentic development to architect, build and maintain our world-class trading platform From optimizing our core trading engine to building custom hardware, we leverage the latest agentic tools to deliver the infrastructure that drives our trading and business needs.

What You'll Do:

Our Web Dev / UI software engineering internship is an intensive 10-week experience at Jump Trading.

During your internship, you will use advanced Typescript, Python, and modern Web frameworks to build Web-based applications that interact with several components of our real-time trading platform.

Our internship program is the primary way we identify top young software engineers for our core development team, and it's a proven path for earning full-time or return internship opportunities at Jump Trading in Chicago.

You will take on projects working on production code and gain experience with our full-cycle process for development, testing, and release using Agile methodologies.

Other duties as assigned or needed

Skills You'll Need:

  • Hands-on experience and a high level of proficiency in one or more of the following:
  • Web development using Python and Typescript
  • Python development on Linux platform
  • Strong understanding of data structures, algorithms, and threading models
  • Ability to work with a team in a fast-paced environment, deploying new software daily
  • Passion for solving complex problems and learning to build optimal solutions from scratch, instead of simply assembling things from existing libraries Interest in using knowledge from several areas -- such as hardware, networking, OS design -- to produce extremely high-performance software
  • Reliable and predictable availability

Also helpful, but not required:

  • Comfort in React
  • Claude code in a real work environment
  • Past internship or job experience in a software development role is a plus
  • No finance or economics study or work experience required

INTERNATIONAL STUDENTS are encouraged to apply. We accept students eligible for CPT/OPT and we sponsor work visas for full-time positions.

The estimated base salary for this role is $250,000 per year.

Apply