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Development Program Jobs in Chicago, IL (NOW HIRING)

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Development Program information

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$33K

$123.7K

$206K

How much do development program jobs pay per year?

As of Jun 11, 2026, the average yearly pay for development program in Chicago, IL is $123,678.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,400.00 and $147,300.00 per year, depending on experience, location, and employer.

What types of projects or rotations can I expect to experience in a Development Program?

Development Programs often include structured rotations or project assignments across multiple departments or functions within the organization. As a participant, you might work on cross-functional teams, contribute to high-visibility projects, and gain hands-on experience in areas such as marketing, operations, finance, or product development. This structure helps you build a well-rounded skill set and understand the broader business, making it easier to identify your long-term career interests. Collaboration with mentors and peers is common, offering strong networking and learning opportunities within the company.

What are the key skills and qualifications needed to thrive in a Development Program, and why are they important?

To thrive in a Development Program, you need a strong academic background, analytical thinking, and a demonstrated interest in the field or industry. Familiarity with project management tools, data analysis software, or relevant certifications such as PMP or Lean Six Sigma is often valuable. Strong communication, adaptability, and teamwork skills help you excel in rotational assignments and dynamic environments. These capabilities ensure you effectively learn, contribute, and progress within the organization's leadership pipeline.

What is the difference between Development Program vs Software Engineer?

AspectDevelopment ProgramSoftware Engineer
Required CredentialsBachelor's degree in Computer Science or related field; often includes training or internship componentsBachelor's degree in Computer Science or related field; may require coding certifications
Work EnvironmentStructured training environment, often with rotations across teamsProject-based, team-oriented software development setting
Employer & Industry UsageCommon in tech companies for onboarding new talentStandard role in software development companies and tech industries
Comparison Search IntentOften searched to understand entry pathways and training programsCompared for experience level and job responsibilities

The Development Program is typically a structured training or rotational initiative designed for early-career professionals, often including internships or onboarding tracks. Software Engineers are experienced professionals responsible for designing, coding, and maintaining software. While both roles require similar educational backgrounds, Development Programs focus on training and development, whereas Software Engineers focus on delivering software solutions.

What is a Development Program?

A Development Program is a structured initiative offered by organizations to help employees or participants build specific skills, gain experience, and advance their careers. These programs often include training sessions, mentorship, job rotations, and hands-on projects. Development Programs are commonly targeted at recent graduates or early-career professionals, aiming to prepare them for future leadership or specialized roles within the company. Participants benefit from exposure to different departments, on-the-job learning, and networking opportunities. Overall, Development Programs are designed to accelerate professional growth and help organizations develop a strong talent pipeline.
What are the most commonly searched types of Development Program jobs in Chicago, IL? The most popular types of Development Program jobs in Chicago, IL are:
Development Program jobs near you
Infographic showing various Development Program job openings in Chicago, IL as of June 2026, with employment types broken down into 1% As Needed, 76% Full Time, 19% Part Time, 2% Contract, and 2% Nights. Highlights an 89% Physical, 5% Hybrid, and 6% Remote job distribution, with an average salary of $123,678 per year, or $59.5 per hour.

Financial Advisor Development Program

Northwestern Mutual - Greater Chicago

Skokie, IL

Full-time

Medical, Life

Posted 8 days ago

Job description

Job description

Financial Advisor Development Program 

Participants of the Financial Advisor Development Program at Northwestern Mutual Greater Chicago- Skokie, Elgin, Lombard, Vernon Hills, West Loop, Aurora are provided guidance, connection, and a framework for building an integrated financial planning practice from the ground up. Candidates are graduating from college in May 2024 and are interested in building a financial planning practice.  You will engage with local and nationwide experts and exclusive financial products with the support of a Fortune 100 company. You will have the opportunity to build your confidence, develop a professional network, and help people achieve financial freedom.

Our Financial Advisor Development Program allows you to:

  • Participate in a 3-month specialized training program following your college graduation that will lead to a career as a Financial Advisor.     
  • Learn how to prospect and network to build your business and client base.
  • Develop and execute a business strategy.
  • Call on potential clients and set meetings to understand their financial goals. 
  • Prepare plans and offer useful recommendations. 
  • Gain exposure to proprietary planning software platforms. 
  • Engage in weekly coaching, training, and development meetings. 
  • Obtain your Life, Accident, and Health insurance licenses as well as investment licenses (Security Industry Essentials, Series 6/7, and Series 63)

Are you a fit for the Financial Advisor Development Program? 

  • Full-time student; graduating in May 2024.
  • Entrepreneurial ambitions and curiosity for sales. 
  • Highly involved on campus (leader, athlete, campus orgs, student government, etc.)  
  • Excellent time-management skills. 
  • Interest in financial literacy and planning tools. 
  • Business savvy and desire to increase critical thinking abilities.

Compensation & Benefits 

  • Performance-based earnings and revenue
  • Learning and Development Incentives (up to $1000/month, not inclusive of earned commissions)
  • Support for insurance licensing (Life, Accident, and Health insurance license)
  • Support for Security Industry Essentials, Series 6/7, Series 63 registrations 

About Us

For over 165 years, we have helped our clients spend their lives living through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with personalized digital experience and industry-leading products to give our clients the ability to successfully navigate their financial lives. 

Our tailored approach includes multiple financial strategies—insurance, investments, and annuities—built to reinforce each other, keeping our clients consistently on track to meet goal after goal. We lead with unmatched financial strength and access to the best products and services for our clients. 

Our Financial Representatives and College Financial Representatives are valued partners and proud business owners. As such, they are considered independent contractors1 for income tax purposes, and a "statutory employee" for Federal Insurance Contributions Act (FICA) tax purposes.

As a company, we value an inclusive and belonging workplace where everyone’s unique viewpoints bring new successes. We strive to create teams that reflect our customers and communities, fostering an environment where all employees are welcomed, valued, and heard.

Why join Northwestern Mutual:

  • Fortune 500 company (2023) 
  • 5.0+ million clients and growing1
  • $257 billion retail investment client assets held or managed by Northwestern Mutual2
  • Forbes' Best Employers for Diversity (2018-2021) 
  • Unsurpassed financial strength3
  • Best Place to Work for LGBTQ+ Equality- Human Rights Campaign Corporate Equality Index (2015-2021) 

1 As of June 30, 2023

2 Combined client assets of NMIS and NMWMC as of June 30, 2023

3 Among U.S. life insurers. Ratings are for The Northwestern Mutual Life Insurance Company and Northwestern Long Term Care Insurance Company, as of the most recent review and report by each rating agency. Ratings as of: 06/23 (Moody’s Investors Service), 08/23 (A.M. Best Company), 08/23 (Fitch Ratings), 05/23 (S&P Global Ratings)