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CallMiner
Waltham, MA | Full Time
$133k-163k (estimate)
1 Month Ago
Renewal Manager
CallMiner Waltham, MA
$133k-163k (estimate)
Full Time | IT Outsourcing & Consulting 1 Month Ago
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CallMiner is Hiring a Renewal Manager Near Waltham, MA

The Renewal Manager partners with Customer Success, Sales, and Sales Operations in securing subscription renewals with CallMiner’s customers. The Renewal Manager is an experienced professional with an understanding of the SaaS space and will serve as an extended member of the account team to bring renewals to a successful outcome. This role is responsible for orchestrating the Renewals process, from initiating renewal opportunities, to facilitating planning and strategy, to delivering and negotiating Quotes and Proposals directly with customers. The Renewal Manager maintains a broad level of knowledge of processes, products, and financial guidelines and plays a pivotal role in driving renewal execution. This role interacts with customers as they make their purchasing decision and is successful in achieving our mutual commercial renewal goals. The Renewal Manager promotes best practices around renewals and continually optimizes the process.

Primary Responsibilities

  • Lead the process for each respective renewal to ensure renewal subscriptions are managed to a successful on-time closure (target 80% of renewals closed >30 days before term end date).
  • Coordinate with CallMiner’s Deal Desk Analyst to initiate each renewal via an opportunity within Salesforce and to coordinate contract research to identify any contractual and pricing obligations to be included in the renewal.
  • Review customer requirements and align the renewal plan to customer’s needs, making recommendations for additional products and services, where appropriate.
  • Function as the bridge between Customer Success, Sales, and Finance. Initiate each renewal with an internal kickoff and orchestrate collaborative sessions with the CS and Sales team to review account health, growth opportunities, and overall renewal strategy.
  • Contact customers directly to negotiate renewal and to refine execution in relation to each renewal. Address any customer commercial questions and/or concerns through customer engagements throughout the renewal cycle.
  • Collaborate with internal colleagues to drive renewal closure ahead of each Customer’s subscription term. Communicate effectively, offer solutions, and overcome obstacles.
  • Liaise with CallMiner’s Deal Desk Analyst to facilitate renewal management, including progress and financial updates within the Renewal Opportunity in Salesforce.
  • Partner with Finance and CS Leadership to drive financial reporting and forecasting and to identify trends for which retention rates may be enhanced.
  • Achieve the desired goals, including renewal rates within targeted timeframes.
  • Document related processes and procedures, continually optimizing the process and educating the team.
  • Perform other duties as assigned.

Job Summary

JOB TYPE

Full Time

INDUSTRY

IT Outsourcing & Consulting

SALARY

$133k-163k (estimate)

POST DATE

04/13/2024

EXPIRATION DATE

07/10/2024

WEBSITE

callminer.com

HEADQUARTERS

WALTHAM, MA

SIZE

50 - 100

FOUNDED

2002

CEO

TERRY LEAHY

REVENUE

$10M - $50M

INDUSTRY

IT Outsourcing & Consulting

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About CallMiner

CallMiner is the global leader in conversation analytics to drive business performance improvement. Powered by artificial intelligence and machine learning, CallMiner delivers the industrys most comprehensive platform to analyze omnichannel customer interactions at scale, allowing organizations to interpret sentiment and identify patterns to reveal deep understanding from every conversation. By connecting the dots between insights and action, CallMiner enables companies to identify areas of opportunity to drive business improvement, growth and transformational change more effectively than ever... before. CallMiner is trusted by the worlds leading organizations across retail, financial services, healthcare and insurance, travel and hospitality, and more. See http://www.youtube.com/watch?v=JP9IUDRnbsA for an overview of what CallMiner can do for you. More
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The following is the career advancement route for Renewal Manager positions, which can be used as a reference in future career path planning. As a Renewal Manager, it can be promoted into senior positions as a Health Underwriting Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Renewal Manager. You can explore the career advancement for a Renewal Manager below and select your interested title to get hiring information.