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Job details

Renewals Manager

Corelight is seeking an experienced Renewals Manager to assist in renewing customer accounts and identifying opportunities for up-sell and cross-sell. The role is part of a dynamic Corporate Sales team dedicated to enhancing customer relationships and ensuring success.

Skills

  • Customer account management
  • Salesforce.com proficiency
  • Excellent communication skills
  • Time management
  • Team collaboration

Responsibilities

  • Developing and refining renewal processes
  • Qualifying up-sell and cross-sell opportunities
  • Identifying customers at risk of churn
  • Providing product feedback based on customer requirements
  • Designing campaigns to educate customers
  • Meeting established renewal metrics

Benefits

  • Remote work flexibility
  • Collaborative company culture
  • Diversity and inclusion initiatives
To read the complete job description, please click on the ‘Apply’ button

Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Renewals Manager, Job Board

Are you looking for an exciting opportunity to make a real impact in the world of cybersecurity? At Corelight, we're on a mission to protect organizations from cyber threats by harnessing the power of network visibility. As a Renewals Manager based in North America, you'll play a vital role in working closely with our customers to ensure they maximize their use of our cutting-edge solutions. Your primary focus will be on renewing contracts, pushing for up-sells and cross-sells, and proactively engaging with our customer base to minimize churn. You'll collaborate with our talented Corporate Sales team, along with Territory Managers, Technical Account Management Teams, Customer Support, and Finance, to deliver long-term success for our clients. In this dynamic role, you will develop processes to identify at-risk accounts, streamline our renewal strategies, and design campaigns to educate customers, all while exceeding an impressive 90% monthly renewal target. If you have a knack for managing customer accounts, a solid background in the security industry, and exceptional communication skills, we want to hear from you. Join us at Corelight, where innovation meets collaboration, and help us shape the future of cybersecurity today!

Frequently Asked Questions (FAQs) for Renewals Manager Role at Job Board
What are the key responsibilities of a Renewals Manager at Corelight?

As a Renewals Manager at Corelight, your key responsibilities include managing the renewal process for our customers, engaging with them to ensure full utilization of our products, identifying up-sell and cross-sell opportunities, and working closely with other departments to foster customer relationships. You'll also play a crucial role in developing strategies to minimize churn and ensure customer success.

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What qualifications are required for the Renewals Manager position at Corelight?

To be considered for the Renewals Manager position at Corelight, candidates should have experience managing customer accounts, particularly in the security industry. Strong communication skills, proven follow-up abilities, and excellent time management are essential. Familiarity with Salesforce.com and the ability to engage customers professionally will be key to success in this role.

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How does the Renewals Manager support customer satisfaction at Corelight?

The Renewals Manager at Corelight fosters customer satisfaction by proactively engaging with clients to understand their needs, ensuring they are effectively using the Corelight solutions, and addressing any concerns that may arise. By identifying at-risk accounts and providing solutions to enhance their experience, the Renewals Manager plays a pivotal role in maintaining strong relationships.

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What tools does a Renewals Manager use at Corelight?

At Corelight, the Renewals Manager utilizes tools like Salesforce.com for account management and tracking customer interactions. Additionally, they may use customer feedback systems and analytics tools to assess customer needs, identify churn risks, and optimize engagement strategies to enhance customer satisfaction and retention.

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What impact does the Renewals Manager have on Corelight’s growth?

The Renewals Manager at Corelight significantly impacts the company's growth by ensuring a high renewal rate of over 90%, identifying opportunities for up-sells and cross-sells, and building strong customer relationships. This not only helps retain clients but also drives additional revenue, contributing directly to the robust growth of the company.

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Common Interview Questions for Renewals Manager
Can you explain your experience with managing customer accounts?

Certainly! I have managed multiple customer accounts where I focused on understanding their needs, providing support, and ensuring they fully utilized the product. I regularly checked in with clients, built strong relationships, and addressed any issues they faced to ensure satisfaction and high retention rates.

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How would you handle a difficult conversation with a customer who is considering churning?

I would approach the conversation with empathy, first listening to their concerns without interruption. Then, I would address their issues by explaining how our solutions can resolve their problems and provide value. Offering additional support or resources might also help reaffirm their trust in us.

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What strategies do you use to identify upsell opportunities?

I identify upsell opportunities by analyzing customer usage patterns and feedback. Engaging in regular check-ins allows me to discuss their evolving needs. Additionally, I collaborate with sales teams to share insights and develop tailored solutions that align with customer objectives.

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Describe a time when you successfully managed to renew an at-risk account.

In a previous role, I encountered an account that expressed dissatisfaction. I scheduled a dedicated meeting to understand their challenges. I identified gaps in product use and provided customized training solutions. This proactive approach not only renewed the contract but strengthened our relationship.

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How do you prioritize your accounts and tasks as a Renewals Manager?

I prioritize accounts based on their renewal dates, engagement levels, and potential churn indicators. This helps ensure I focus on at-risk accounts first while maintaining regular contact with loyal customers, balancing proactive outreach with day-to-day responsibilities effectively.

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What is your approach to collaboration with sales and support teams?

I believe in open communication and regular check-ins with sales and support teams. Sharing insights and customer feedback helps us align strategies and improve our service offerings. Collaborating ensures we address customer needs holistically, enhancing overall satisfaction.

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Can you share how you use Salesforce.com in your workflow?

I use Salesforce.com to track customer interactions, set follow-up reminders, and analyze account health metrics. This tool enables me to manage renewals efficiently and helps identify patterns that indicate potential churn or opportunities for further engagement.

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What role does customer education play in your renewal strategy?

Customer education is critical in my renewal strategy. I develop campaigns and resources that help customers understand the full capabilities of our solutions, which promotes increased usage and satisfaction, ultimately reducing churn rates and fostering loyalty.

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How would you define success in the Renewals Manager role?

Success as a Renewals Manager is defined by achieving high renewal rates, successfully managing customer relationships, and proactively identifying upsell opportunities. It also involves being responsive to customer feedback to continuously improve their experience with our services.

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What motivates you to work in the cybersecurity industry?

I am motivated by the challenge of protecting organizations from cyber threats. The dynamic nature of cybersecurity keeps me engaged, and contributing to a field that requires continual learning and innovation allows me to make a meaningful impact.

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MATCH
VIEW MATCH
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
HQ LOCATION
No info
SALARY RANGE
$80,000/yr - $120,000/yr
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
January 5, 2025

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