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Independent Contractor Software Developer Jobs in Chicago, IL

Milliman

Software Developer - Trading Technology

Chicago, IL · On-site

$107K - $177K/yr

The Role As a more Senior level Software Developer, you will be a member of our Trading Technology ... Take on responsibilities only limited by your abilities and work with a fair degree of independence

DV Trading

Software Developer (Chicago)

Chicago, IL

$150K - $250K/yr

... independent proprietary trading firm utilizing its own capital, trading strategies, and risk ... We are seeking a highly motivated, quick-learning developer for our algorithmic software ...

DV Trading

Software Developer (Chicago)

Chicago, IL · On-site

$150K - $250K/yr

... independent proprietary trading firm utilizing its own capital, trading strategies, and risk ... We are seeking a highly motivated, quick-learning developer for our algorithmic software ...

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All JobsIndependent Contractor Software Developer JobsIndependent Contractor Software Developer Jobs in Chicago, IL

Independent Contractor Software Developer information

See Chicago, IL salary details

$48.2K

$112.3K

$166.7K

How much do independent contractor software developer jobs pay per year?

As of Jun 22, 2026, the average yearly pay for independent contractor software developer in Chicago, IL is $112,311.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,400.00 and $130,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Independent Contractor Software Developer, and why are they important?

To thrive as an Independent Contractor Software Developer, you need strong programming skills, a solid understanding of software development principles, and relevant experience or a degree in computer science or a related field. Familiarity with version control systems like Git, cloud platforms, and proficiency in popular programming languages, along with certifications such as AWS Certified Developer or Microsoft Certified: Azure Developer Associate, are often beneficial. Excellent communication, time management, and problem-solving abilities set standout contractors apart, enabling effective client interaction and project delivery. These skills and qualities are crucial for producing high-quality software, meeting client expectations, and managing projects independently.

What is an Independent Contractor Software Developer?

An Independent Contractor Software Developer is a professional who designs, develops, and maintains software applications while working independently rather than as a traditional employee. They are typically hired on a contractual basis to complete specific projects or provide specialized expertise for a set duration. Independent contractors manage their own schedules, handle multiple clients, and are responsible for their own taxes and business expenses. This arrangement offers flexibility but also requires strong self-management, business skills, and a clear understanding of project requirements.

Can software developers work freelance?

Yes, software developers can work as freelancers, offering their services on a project basis rather than as full-time employees. Freelance developers typically need skills in programming languages, project management, and client communication, and often use platforms like Upwork or Freelancer to find work. This work arrangement provides flexibility but requires self-discipline and the ability to manage multiple clients and deadlines.

What engineers make $500,000?

Senior software engineers, especially those with specialized skills in areas like machine learning, cloud computing, or cybersecurity, can earn $500,000 or more annually, often through a combination of base salary, bonuses, and stock options. High earnings are typically associated with experience, leadership roles, and working at large tech companies or successful startups.

What engineers make $300,000 a year?

Senior software engineers, especially those with specialized skills in areas like machine learning, cloud computing, or cybersecurity, can earn $300,000 or more annually. High-level roles often require extensive experience, advanced certifications, and work in competitive industries or companies with lucrative compensation packages.

How do Independent Contractor Software Developers typically manage client communication and project expectations?

As an Independent Contractor Software Developer, clear and consistent client communication is essential to ensure project requirements, timelines, and deliverables are well understood by all parties. Contractors often use project management tools, regular status updates, and well-defined contracts to set expectations from the outset. Proactively addressing questions, setting realistic deadlines, and documenting progress help prevent misunderstandings and foster strong client relationships, which can lead to repeat business and referrals.

What is L1, L2, L3, and L4 developer?

In the context of software development, L1, L2, L3, and L4 often refer to different levels of developer experience and seniority, with L1 being entry-level and L4 representing senior or lead developers. These levels help organizations categorize skills, responsibilities, and compensation, and they may correspond to specific technical expertise, problem-solving ability, and project management skills. For an independent contractor software developer, understanding these levels can assist in positioning your skills and negotiating contracts effectively.

What is the difference between Independent Contractor Software Developer vs Freelance Software Engineer?

AspectIndependent Contractor Software DeveloperFreelance Software Engineer
CredentialsTypically requires relevant coding certifications or degreesOften has similar credentials, but not always mandatory
Work EnvironmentWorks independently, often remotely or on client sitesOperates independently, managing multiple clients or projects
Employer/Industry UsageHired directly by companies or through agencies for specific projectsHired directly by clients or through platforms for project-based work
Search/Comparison IntentOften compared based on project scope, independence, and contractual termsCompared for flexibility, project variety, and client interaction

Both roles involve independent work in software development, requiring similar skills and credentials. The main difference lies in terminology and slight variations in work setup, but they are often used interchangeably in the industry.

What are the most commonly searched types of Software Developer jobs in Chicago, IL? The most popular types of Software Developer jobs in Chicago, IL are:
Independent Contractor Software Developer jobs near you
Software Developer (Chicago)

Software Developer (Chicago)

DV Trading

Chicago, IL

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago

Job description

About Us:
Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

Overview:
We are seeking a highly motivated, quick-learning developer for our algorithmic software development team. In this role, you will be involved in the development of our cutting-edge, low-latency trading platform, which competes in the most competitive markets in the world.

Job Responsibilities:

  • Work alongside senior traders and experienced software developers
  • Learn proprietary methodologies and trading systems that support an established low-latency, algorithmic trading business
  • Improve and extend the core trading platform, enhance existing trades, and identify and pursue new opportunities
  • Further responsibilities may be driven by the individual's interests and specific skills

Requirements:

  • 0-7 years of experience in a related field
  • Highly proficient in C++; experience with modern C++ (such as smart pointers)
  • Strong work ethic, detail oriented, and ability to learn quickly in a fast-paced environment
  • Interest in algorithmic trading
  • Experience doing highly performant, low-level C++ work

Benefits:

  • Discretionary bonus eligibility
  • Medical, dental, and vision insurance
  • HSA, FSA, and Dependent Care Options
  • Employer Paid Group Term Life and AD&D insurance
  • Voluntary LTD, Life & AD&D insurance
  • Flexible Vacation policy
  • Retirement plan with employer match
  • Paid Parental Leave
  • Wellness Programs

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV's posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.

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