Private Equity Services Principal Consultant (Chicago)

Private Equity Services Principal Consultant

Chicago, IL

Private Equity Services Principal – Inspire11

Elevens, as we call ourselves here, are passionately curious, highly collaborative, and unabashedly authentic. At Inspire11, we believe everyone drives change, everyone takes ownership of their career, and no idea is too odd to embrace. Our team learns from each other by pushing the boundaries of what’s possible.

We partner with our clients to define their strategies to optimize their business in all things data and digital. Whether that be modern data architecture, custom application development, or design thinking, and this is just scratching the surface. We are a team of puzzle solvers who take the various pieces that the client already has and assemble them in a way that reveals the bigger picture.

We believe that the most impactful and innovative work includes and fosters a range of diverse perspectives. We’ve created a work environment in which you can expect:

• Individualized Professional Growth: You will have the opportunity to engage in growing the team and there are ample opportunities to define your path and develop your skillset.
• Sustainable Career Building: We want the best of the best to have a long career at Inspire11. We also have a passion for retaining our talent and creating the space for them to live the best version of their life. To accomplish that, we offer self-managed time off to take the time you need to do your best work, flexible work hours, and a supportive team environment.
• Vibrant Company Culture: We love to keep things light-hearted, both within our client work and at companywide events.

What you’ll be accountable for:

Client Delivery

• Responsible for overall success of project delivery and providing strategic guidance to both client and delivery teams.
• Lead multi-disciplinary teams of consultants and technologists on the delivery of strategic assessments to identify and unlock value for private equity firms and their portfolio companies.
• Document and explain complex business technology and architecture in a simplified manner for both technical and non-technical audiences.
• Analyze systems risks and weaknesses; establish targeted remediation activities with necessary investments outlined.
• Understand business strategy, operating model and P&L for companies in a variety of industries.
• Assess Value Creation Opportunities (VCOs) for technology to enable a company’s vision; develop an evidence-based business case and create an executable roadmap.

Service Line Development

• Collaborate with cross-functional teams to drive innovation and new capabilities.
• Elevate PE capabilities by creating delivery accelerators, new go-to-market products.
• You have excellent communication skills and are able to act as a thought leader (writing, presenting, collaborating, etc.).

Business Development Support

• Lead the development of proposals and sales initiatives, showcasing Inspire11's unique value proposition to prospective clients.
• Foster authentic relationships with clients, stakeholders, and team members.

Tools for Success:

• Extensive experience in Technology and/or commercial diligence, digital transformation, or related fields within the consulting industry.
• Extensive experience in cultivating and driving new and existing client relationships.
• Demonstrated ability to lead and manage complex projects, delivering results in fast-paced and ambiguous environments.
• Strong analytical and problem-solving skills, with a passion for learning and continuous improvement.
• Excellent communication and interpersonal skills, capable of building strong relationships and inspiring others.
• Alignment with Inspire11's values, including the courage to take bold risks, a commitment to doing the right thing, and a passion for making the complex simple.

This role requires the willingness and ability to be onsite at the Inspire11 or client location depending on project needs to maximize in-person collaboration and build stronger relationships.

Please note employees must be authorized to work for any employer in the U.S. Inspire11 is unable to sponsor or take over sponsorship of an applicant’s employment visa.

Compensation Range for Principal Consultant: $156,086 - $191,206

For more information regarding our compensation and benefit offerings please see below:

Compensation at Inspire11

Inspire11 follows Title VII of the Civil Rights Act of 1964, the Equal Pay Act of 1963, the Illinois Human Rights Act, the Illinois Equal Wage Act, and the Illinois Equal Pay Act of 2003. We believe that people performing the same role at the same level, with similar levels of ability or experience, should be similarly compensated. We also believe that the most critical factors driving compensation should be an Eleven’s skill, experience, performance, responsibility, and effort. We may also consider an employee’s length of service, relevant education, training, or certification, and the requirements of a specific job. We may also consider whether the cost of living or competition for talent in specific markets requires adjustments in compensation for employees in those markets. Our goal is to fairly compensate all our Elevens based on these factors within the Company’s financial ability.

Compensation may be increased or decreased at Inspire11’s discretion based on an employee’s performance reviews, market conditions, and the Company’s financial performance. Inspire11 will always notify an employee in writing before any change is made to their compensation.

We may allow employees in Sales, Recruiting, or Leadership to earn periodic bonuses based on sales, revenue, client-specific or practice-specific targets. These targets are communicated to each eligible employee via offer letter or annual update. All such target-based bonuses are calculated based on the Company and an individual’s periodic performance and will only be awarded if: (a) the employee is meeting performance expectations and is an employee in good standing of the Company; (b) the target is met; and (c) the Company’s current financial performance and market conditions permit the bonus to be paid out. All periodic bonuses are discretionary and are earned only when paid out.

Each year, the Company will decide whether the Company’s financial performance, market performance, and business realities allow it to create an annual bonus pool. If the Company decides that annual bonuses may be awarded, then the Leadership Team, Market Directors, and Managing Directors will work together to grant annual bonuses to employees in good standing based on the same factors discussed in the previous paragraph while also considering employees’ diligence, performance, expertise, skill, judgment, and experience. To be eligible to participate in this annual bonus pool, an employee must be hired by no later than October 1st of the preceding year. Annual bonuses and merit increases may be prorated based on hire date. Employees eligible for target-based periodic bonuses are not eligible to participate in the annual bonus pool.

Options or Other Equity in Inspire11

Inspire11 has a legacy program that allowed certain high-performing employees to purchase shares of the Company through an affiliate. The Company also has a newer program that grants options annually to high-performing employees based on their performance reviews, their managers’ recommendation, and leadership approval. These options have a vesting period associated with them.

Full-time employees are eligible for the following contributory benefits, where premiums are partially paid by the Company and partially by the employee:

• Medical insurance plans,
• Dental insurance plans,
• Vision insurance plans.

Full-time employees are eligible for the following benefits provided wholly by the Company:

• Short-term disability, providing for a benefit of 60% of an employee’s salary up to a maximum of $2,000 per week for up to 11 weeks after a 7-day waiting period;
• Long-term disability, providing for 60% of an employee’s salary up to a maximum of $10,000 per month for the time period from the 91st day after a qualifying event through the earlier of the end of the disability or age 67;
• Life insurance, providing for a benefit of two times the employee’s annual salary, up to a maximum payout of $400,000;
• A connectivity stipend of $25 per month;
• Employee Assistance Program, providing for confidential counseling sessions, 24-hour crisis support, online peer support groups, skills training, behavioral health coaching, initial free legal consultations (and discounted rates on referred lawyers), online legal forms, assistance with eldercare and parenting services, among other things.

Full-time employees are also eligible to participate in the Company’s 401(k) plan, which allows employees to contribute to a standard or Roth IRA. According to a vesting schedule, the Company matches 100% of employee contributions on the first 3% of an employee’s salary and 50% of employee contributions from 3% to 5% of an employee’s salary.

Depending on eligibility and their elections, full-time employees may also have access to certain tax-advantaged savings accounts set up through the Company, into which employees contribute withheld funds:

• Flexible savings accounts,
• Limited-purpose flexible savings accounts,
• Healthcare savings accounts,
• Dependent care sa