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Senior Renewals Specialist

About 1Password:

We all have important information we need to manage, and protecting it should be easy. Over 150,000 businesses and millions of people log in to 1Password to unlock smart, simple access to everything they care about. Our vision is to create a safer, simpler digital future for everyone, and our culture values simplicity, honesty and a human-centric approach to solving problems. Come help us unlock peace of mind so everyone can stay safer online.


1Password is a leader in providing secure, user-friendly password management and identity protection solutions, trusted by millions of users worldwide. 1Password has also branched in Extended Access Management to ensure a secure sign-in for every app on every device. At 1Password, we believe in creating a culture that values diversity, innovation, and personal growth, offering a collaborative environment where every team member can thrive.


We are seeking a highly motivated Senior Renewals Specialist to join our dynamic team. The Senior Renewals Specialist will be responsible for managing the renewals process for our security software products, ensuring high customer retention rates and working with the broader GTM to foster long-term relationships with our clients. The ideal candidate will have a well-rounded background in sales, customer success, or account management, with a passion for delivering exceptional service.


This is a remote opportunity within the UK.


What we're looking for:
  • 4+ years of experience in renewals, account management, or customer success in a software or technology environment.
  • Possesses a competent understanding of SaaS (Software as a Service) business models and recurring revenue principles.
  • Great communication and interpersonal skills, with a customer-focused mindset.
  • Proficient in Salesforce, Gainsight and other tooling. 
  • Outstanding analytical skills and proven ability to interpret data to drive decision-making.
  • Demonstrated experience working collaboratively with cross functional teams.


What you can expect:
  • Revenue Retention: Manage the renewal process to maintain and strengthen client relationships, proactively addressing retention challenges and optimizing account value.
  • Renewal Management: Oversee the entire renewal process for existing customer accounts, ensuring timely and accurate renewal of contracts.
  • Customer Relationship Management: Build and maintain meaningful relationships with clients to understand their needs, address concerns, and identify opportunities to provide tailored solutions that add value.
  • Data Analysis and Reporting: Analyze renewal metrics and trends to identify areas for improvement and develop strategies to enhance customer retention including the evaluation of license usage and true-up requirements. 
  • Collaboration: Work closely with sales, customer success, and product teams to ensure a seamless renewal experience and address customer needs effectively.
  • Customer Engagement: Proactively reach out to customers prior to contract expiration to discuss renewal options and address any potential issues.
  • Training and Support: Educate clients on the value of our security software and any new features or updates to encourage renewal.
  • Documentation and Compliance: Ensure all renewal agreements are properly documented and compliant with company policies and procedures.
  • Feedback Loop: Gather customer feedback and insights to inform product development and improve overall customer satisfaction.


We believe in the power of remote work, but we also recognize that some in-person connection with team members and customers is important to help us achieve our mission. While we are a remote-first company, occasional travel for in-person engagement will be a part of this role. This may include but is not limited to bi-annual department-wide offsites, quarterly department meetings and periodic customer events. These events will typically be held in varying locations across Canada and the USA. In leadership roles, you can expect to travel once per month on average.


What we offer:


We believe in working hard, and resting hard. We’re always looking for new ways to support our team members, but here’s a glance at what we currently offer:


Health and wellbeing

> 👶 Maternity and parental leave top-up programs

> 👟 Wellness spending allowance

> 🏝 Generous PTO policy 

> 💖 Company-wide wellness days off scheduled throughout the year 

> 🧠 Wellness Coach membership

> 🩺 Comprehensive health coverage


 Growth and future 

> 📈 Employee stock option program for all full-time employees 

> 💸 Retirement matching program

> 💡 Training budget, 1Password University access, and learning sessions 

> 🔑 Free 1Password account (and friends and family discount!) 


Flexibility and community

> 🤝 Paid volunteer days 

> 🌎 Employee-led DEIB programs and ERGs and ECGs

> 🏠 Fully remote environment

> 🏆 Peer-to-peer recognition through Bonusly


You belong here.


1Password is proud to be an equal opportunity employer. We are committed to fostering an inclusive, diverse and equitable workplace that is built on trust, support and respect. We welcome all individuals and do not discriminate on the basis of gender identity and expression, race, ethnicity, disability, sexual orientation, colour, religion, creed, gender, national origin, age, marital status, pregnancy, sex, citizenship, education, languages spoken or veteran status. Be yourself, find your people and share the things you love.


Accommodation is available upon request at any point during our recruitment process. If you require an accommodation, please speak to your talent acquisition partner or email us at nextbit@agilebits.com and we’ll work to meet your needs.


Remote work is a part of our DNA. Given that our company was founded remotely in 2005, we can safely say we're experts at building remote culture. That said, remote work at 1Password does mean working from your home country. If you've got questions or concerns about this, your talent partner would be happy to address them with you.


Successful applicants will be required to complete a background check that may consist of prior employment verification, reference checks, education confirmation, criminal background, publicly available social media, credit history, or other information, as permitted by local law.


1Password uses an automated employment decision tool as a part of the recruitment process. See the latest bias audit information. A reasonable accommodation, reasonable alternative selection process, appeal or to exercise your right to opt-out of AADM may be requested by emailing nextbit@agilebits.com with subject "AI accommodation request". For additional information see our Candidate Privacy Notice.

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What You Should Know About Senior Renewals Specialist, 1Password

At 1Password, we're excited to invite an enthusiastic Senior Renewals Specialist to join our remote team in the UK! This role is all about maintaining our strong customer relationships by managing the renewals process for our highly regarded security software. With over 150,000 businesses relying on 1Password to safeguard their digital lives, it's crucial that we keep our clients engaged and satisfied. In this position, you'll collaborate closely with our sales and customer success teams, working to proactively address any retention challenges and ensuring that our clients see the value in renewing their contracts. You'll utilize analytical skills to interpret renewal metrics and identify areas for improvement, fostering meaningful connections with clients at every step. Your background in renewals or account management, combined with your communication prowess and knowledge of SaaS business models, will help you excel in this role. At 1Password, we prioritize a culture of learning and collaboration, so you can expect plenty of opportunities for personal and professional growth. Whether it's educating clients on new features, analyzing data trends, or gathering customer feedback, your contributions will play a pivotal role in our mission to create a simpler, safer digital future. Join us and help us deliver excellent service that keeps our customers coming back for more! We wholeheartedly support remote work, and you'll have the chance to engage with teammates across the globe while also participating in occasional in-person events. Your journey at 1Password starts here!

Frequently Asked Questions (FAQs) for Senior Renewals Specialist Role at 1Password
What are the main responsibilities of a Senior Renewals Specialist at 1Password?

As a Senior Renewals Specialist at 1Password, your primary responsibilities will include managing the entire renewals process for our security software, ensuring timely and accurate renewals, and fostering strong relationships with clients to enhance their experience. You will proactively reach out to clients before contract expiration to discuss renewal options and address any concerns they may have, while also analyzing renewal metrics to drive decision-making and retention strategies.

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What qualifications are required for the Senior Renewals Specialist role at 1Password?

To qualify for the Senior Renewals Specialist position at 1Password, you should have at least 4 years of experience in renewals, account management, or customer success within a software or tech environment. A strong understanding of SaaS business models and a customer-focused mindset are essential. Proficiency in tools like Salesforce and Gainsight, along with outstanding analytical and communication skills, will set you up for success in this role.

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How does 1Password support professional growth for Senior Renewals Specialists?

At 1Password, we believe in fostering personal and professional growth. As a Senior Renewals Specialist, you will have access to training budgets, 1Password University, and learning sessions to enhance your skills. We also promote a culture that values innovation and encourages team members to share insights and ideas, ensuring that your career development is as supportive as it is rewarding.

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What does the remote work culture look like at 1Password for the Senior Renewals Specialist?

1Password has a robust remote work culture that has been in place since our founding in 2005. As a Senior Renewals Specialist, you'll be supported in working from your home country, with the understanding that occasional travel for team events is essential. Our remote-first approach encourages collaboration and connection through regular meetings and virtual team-building activities, giving you the best of both worlds!

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What are some key traits of a successful Senior Renewals Specialist at 1Password?

Successful Senior Renewals Specialists at 1Password typically exhibit strong communication and interpersonal skills, along with a genuine customer focus. Additionally, they are analytical thinkers who can interpret data effectively, and they thrive in collaborative environments. A passion for delivering exceptional service and the ability to adapt to evolving client needs are also essential traits to excel in this role.

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Common Interview Questions for Senior Renewals Specialist
Can you describe your experience with managing renewals in a SaaS environment?

When answering this question, share specific examples of your previous roles focusing on how you've managed the renewals process. Highlight any challenges you faced and how you successfully navigated them, emphasizing your understanding of SaaS business models and customer engagement strategies that contributed to high retention rates.

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How do you ensure customer satisfaction during the renewal process?

Discuss the importance of communication and proactive outreach in your approach to customer satisfaction. Explain how you identify potential issues before they escalate, providing examples of personalized solutions you have offered to clients that not only retain their business but also enhance their overall experience.

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What tools or software have you used for renewal management, and how did they help you?

Share your experience with specific tools such as Salesforce or Gainsight, detailing how you effectively utilized them to streamline the renewal process, track metrics, or analyze customer data. Discuss any specific features that you found particularly useful for managing client relationships and driving renewals.

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Describe a time when you turned a potential cancellation into a renewal.

Provide a detailed account of a particular situation where a client was considering cancellation. Explain how you reached out to address their concerns, the solutions you proposed, and the ultimate outcome. Your answer should reflect your problem-solving abilities and your dedication to client satisfaction.

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How do you analyze renewal metrics and apply that knowledge to improve retention rates?

Discuss your analytical approach to renewal metrics, recounting specific data sets that you’ve analyzed in the past. Explain how you interpreted those metrics to identify trends and potential retention issues, and share examples of strategies you implemented to improve client retention based on that analysis.

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What strategies do you use to build strong relationships with clients?

Emphasize your proactive approach towards individual client relationships. Discuss the importance of regular, meaningful communication, understanding their business challenges, and offering tailored solutions. Share an example of how building rapport with a client increased their trust and commitment to renew.

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What do you consider key values when working in customer service roles?

Share your core values such as empathy, integrity, and a customer-first mindset. Explain how these values govern your decision-making and client interaction methods, fostering trust and satisfaction in the relationships you've developed in your past roles.

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How do you collaborate with cross-functional teams at 1Password?

Discuss the importance of collaboration in a growing company like 1Password. Provide examples of successful teamwork from your past experience, illustrating how you worked closely with sales, customer success, and product teams to ensure clients’ needs were met and to facilitate seamless renewals.

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What motivates you in a renewals-focused role?

Reflect on your passion for customer success and the satisfaction derived from helping clients realize value from their purchases. Share your views on the impact of customer retention on the company's success and your personal drive to contribute positively to that outcome.

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Where do you see opportunities for improvement in the renewals process?

This is an opportunity to showcase your learning-oriented mindset. Identify potential areas for improvement in the renewals process based on your research or insights you've gained in previous roles. Discuss any best practices you’ve implemented to help streamline effectiveness and enhance customer experiences.

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1Password is a software technology company that streamlines online navigation by memorizing and auto-filling web forms with passwords, credit card details, and addresses at the click of a button.

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BADGES
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BENEFITS & PERKS
Dental Insurance
Flexible Spending Account (FSA)
Vision Insurance
Paid Holidays
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
January 11, 2025

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