1

Political Risk Consulting Jobs in Chicago, IL (NOW HIRING)

... leader in risk, reinsurance and capital, people and investments, and management consulting ... status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or ...

Requires working cross functionally to generate input and insights to environmental, political ... risk monitoring activities.Consulting ombudsman - work with segments and functions to optimize the ...

New

... leader in risk, reinsurance and capital, people and investments, and management consulting ... status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or ...

Showing results 21-40

Political Risk Consulting information

See Chicago, IL salary details

$14

$31

$76

How much do political risk consulting jobs pay per hour?

As of Aug 13, 2026, the average hourly pay for political risk consulting in Chicago, IL is $31.28, according to ZipRecruiter salary data. Most workers in this role earn between $20.10 and $39.90 per hour, depending on experience, location, and employer.

What are common challenges faced by political risk consultants, and how can they be addressed?

Professionals in political risk consulting frequently encounter challenges such as rapidly changing geopolitical events, limited access to reliable data, and the need to interpret complex regulatory environments. To address these challenges, consultants often stay updated through continuous monitoring of global news, cultivate a wide network of expert contacts, and use specialized analytical tools. Collaboration within multidisciplinary teams and regular communication with clients also help ensure that risk assessments are timely, accurate, and actionable.

What are the key skills and qualifications needed to thrive as a political risk consultant, and why are they important?

To thrive as a Political Risk Consultant, you need strong analytical abilities, geopolitical knowledge, and often an advanced degree in political science, international relations, or a related field. Familiarity with data analysis tools, risk assessment software, and research databases is typically required. Excellent communication, critical thinking, and cultural awareness are standout soft skills for interpreting complex information and advising clients. These competencies are crucial for delivering accurate risk assessments and actionable advice in a rapidly changing global environment.

What is the difference between Political Risk Consulting vs Political Risk Analyst?

AspectPolitical Risk ConsultingPolitical Risk Analyst
CredentialsTypically requires degrees in political science, international relations, or related fields; certifications like FRM or CFA are commonSimilar credentials; often holds degrees in political science, economics, or international relations
Work EnvironmentConsults with clients across industries, providing strategic advice on political risksAnalyzes political data, monitors developments, and produces reports for organizations or firms
Employer & Industry UsageUsed by consulting firms, multinational corporations, and financial institutionsEmployed by think tanks, financial firms, government agencies, and corporations

While both roles focus on political risks, Political Risk Consulting involves providing strategic advice to clients, whereas Political Risk Analysts primarily analyze data and produce reports. The consulting role is more client-facing, while analysts focus on research and analysis.

What are popular job titles related to Political Risk Consulting jobs in Chicago, IL? For Political Risk Consulting jobs in Chicago, IL, the most frequently searched job titles are:
Infographic showing various Political Risk Consulting job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 9% Part Time, and 3% Contract. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $65,053 per year, or $31.3 per hour.

Government Consultant - Pharmacy

Mercer

Chicago, IL • On-site

$68K - $137K/yr

Other

Medical, Retirement

Posted 5 days ago


Job description

We are seeking a talented individual to join our Government Human Services Consulting (GHSC) team at Mercer, a Marsh business. This role can be based anywhere near a Mercer office and offers a hybrid work arrangement, requiring a minimum of three days per week in the office. 

As a Government Consultant – Pharmacy, you will partner with state governments to analyze financial and pharmacy data, helping clients understand emerging trends in Medicaid, managed care, and fee-for-service delivery. Working alongside licensed pharmacists, pharmacy specialists, credentialed actuaries, and financial specialists, you will develop data-driven insights that help ensure Medicaid resources are used effectively and efficiently. Our team is dedicated to helping government-sponsored healthcare programs become smarter purchasers of health services, bringing together analytical expertise and innovative thinking to solve our clients’ most complex challenges.

We will count on you to:

  • Analyze Medicaid pharmacy data and build to support the development of pharmacy efficiencies and other data used in rate development
  • Present analysis to team members, clearly explaining the models used, analysis steps, findings, and adjusting as needed based on feedback
  • Thrive and be motivated by an environment that embraces AI and technology-enabled tools
  • Work with client and team project managers to define project scope, timelines, and deliverables, and help develop key project documents, including budgets and work plans
  • Maintain regular communication with clients and project teams to review project status and expectations, provide expertise and insight to help solve potential issues, and manage project scope, budget, and timelines

What you need to have: 

  • Bachelor’s degree
  • 3+ years of healthcare financial analysis experience or pharmacy analysis experience, including financial modeling, or rate development
  • Ability to work on team projects and initiatives in a dynamic environment 
  • Strong verbal and written communication skills
  • Advanced MS Excel analytical skills

What makes you stand out?

  • Medicaid program experience
  • SAS (Statistical Analysis System) software experience, including data management, advanced analytics, and modeling
  • PBM experience or knowledge and experience using drug compendia (Medi-Span or First Databank)

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients, and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer, visit mercer.com, or follow us on LinkedIn and X.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
The applicable base salary range for this role is $68,500 to $137,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.