Morningstar Development Program - Rotational Track (Partner Link)

Morningstar Credit Ratings, LLC; Chicago (IL); Hybrid; USD 70,000 - 73,000; Full time

Benefits offered by this job

401k match up to 6%

Company-provided life insurance - 1x

Health benefits (medical/dental/vision

HSA contributions up to $500-$2,000

Wellness incentives $300-$600

Disability insurance

Sabbatical and parental leave

Mentorship & coaching

Tuition reimbursement

Volunteer and ERG programs

Hybrid work model

Job summary

Morningstar’s Development Program (MDP) offers recent graduates a two-year, rotational track that places you in a cohort with ongoing career development, mentoring, and practicum opportunities. You’ll gain exposure to multiple business areas, build expertise in data and research, and interact with clients as you rotate through two one-year tracks.

A bachelor’s degree is required and a resume is needed to apply.

Qualifications

• Requires a bachelor’s degree.
• A resume is required to apply.

Responsibilities

• Build deep expertise in Morningstar’s data, products, and research.
• Interact with Morningstar’s clients, including advisors and investors.
• Participate in training sessions and stretch projects while building core knowledge for a Morningstar career.
• Develop analytical and communication skills while thriving in a fast-paced environment.

Skills

Excellent communication

Leadership

Creativity

Analytical ability

Adaptability

Education

Bachelor’s degree

Job description

The Program: At Morningstar

We want people who are smart, creative, hard-working, curious, and passionate about their work. We hire all majors, including liberal arts, as we appreciate the different perspectives they bring to our company. We built the Morningstar Development Program (MDP) to prepare recent college graduates for successful, long-term careers here at Morningstar. Throughout this two-year program, you will be placed in a cohort where you’ll receive ongoing career development, networking, mentoring, training opportunities, practicum program opportunities, and exposure to different areas of the business to help you succeed at Morningstar.

Rotational MDP Track

Within our new Rotational MDP track, you will gain exposure to business teams that will immerse you in what it's like to work in different areas by participating in two one-year rotations. Build your skillset and gain experience in areas that help drive Morningstar’s mission! This is ideal for candidates who are open and interested in exploring Morningstar's various business groups.

Responsibilities for the Rotational Track

• Build deep expertise in Morningstar’s data, products, and research
• Directly interact with Morningstar’s clients, including advisors, and individual and institutional investors
• Contribute to ongoing training sessions and stretch projects while developing a strong foundation of knowledge to build on and use in your Morningstar career
• Develop both analytical and communication skills by navigating Morningstar to build a variety of expertise Ability to adapt well to different situations and thrive in a challenging, fast-paced environment
• Excellent communication and leadership skills
• Creativity and good analytical ability

Requirements

• A bachelor’s degree
• A resume is required to apply

Compensation and Benefits

The base salary for the rotational track associate is $71,667.00. This role will be posted until October 5, 2026.

• Financial Health
  • 100% 401k match up to 6% of salary
• Stock Ownership Potential Company provided life insurance - 1x salary + commission
• Physical Health
  • Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
  • Additional medical Wellness Incentives - up to $300-$600 annual
  • Company-provided long- and short-term disability insurance
• Emotional Health
  • Trust-Based Time Off 6-week Paid Sabbatical Program
  • 6-Week Paid Family Caregiving Leave Competitive 8-24 Week Paid Parental Leave Adoption Assistance
• Leadership Coaching & Formal Mentorship Opportunities
• Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses Tuition Reimbursement
• Social Health Charitable Matching Gifts program Dollars for Doers volunteer program Paid volunteering days 15+ Employee Resource & Affinity Groups
• Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.

Applicants With Disabilities Who Need Accommodation

Morningstar is committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please call [phone] or email [e-mail] and let us know the nature of your request and your contact information. Please note: We only accept calls from applicants who need accommodation related to a disability. Please, no calls with unrelated questions or requests. Please be sure to include the title and location of the open position you’re interested in when you leave a message.

US Applicants: Morningstar is an E-Verify program participant.

Learn more: This Organization Participates in E-Verify (English) This Organization Participates in E-Verify (Spanish) Right to Work (English) Right to Work (Spanish)

EEO is the Law Pay Transparency Notice

Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions—including recruitment, hiring, compensation, training, promotion, transfer, discipline, termination, and other personnel matters—without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.