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Senior Renewal Sales Representative

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Fast Facts

MathWorks is seeking a Senior Renewal Sales Representative to drive revenue growth through customer maintenance renewal programs, fostering collaboration in a hybrid work environment.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Responsibilities: Key responsibilities include managing renewal contracts, contacting customers about maintenance services, identifying upsell opportunities, and maintaining customer data in the CRM system.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Skills: Successful candidates should possess strong negotiation, communication, and time management skills, along with proficiency in CRM systems.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Qualifications: A bachelor’s degree and 2 years of relevant experience are required; fluency in Spanish or French is a plus.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Location: This position is based in Natick, US with a hybrid work model.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Compensation: Not provided by employer. Typical compensation ranges for this position are between $80,000 - $120,000.



Job Summary

<p>MathWorks has a hybrid work model that enables staff members to split their time between office and home. The hybrid model provides the advantage of having both in-person time with colleagues and flexible at-home life optimizations. Learn More: https://www.mathworks.com/company/jobs/resources/applying-and-interviewing.html#onboarding.</p>

Every day we are having conversations with our customers who are changing the way we live, work and play! Our tools are helping our customers: enhance the environment; improve the health and well-being of people all over the world; create the products and services that keep us on the cutting edge of technology, today and tomorrow! As a Renewal Sales Representative, you will focus on driving revenue growth through optimizing customer conversations regarding our maintenance renewal programs and products. You will work on a small team of renewal sales representatives that are aligned with multiple sales representatives, in a team selling environment to achieve individual and/or team goals. As a Renewal Sales Representative, you will be part of the conversations that are helping to enhance the world around us!

MathWorks nurtures growth, appreciates diversity, encourages initiative, values teamwork, shares success, and rewards excellence.

Responsibilities

  • Grow revenue through attaining or exceeding maintenance renewal revenue goals.
  • Manage timely closure of the assigned annual maintenance renewal contracts and incorporate lapsed maintenance opportunities into selling strategies.
  • Proactively contact customers and explain the product and support benefits of continuing maintenance services.
  • Educate customers on purchasing options via web store and consolidations
  • Identify and manage add on or cross sell opportunities by closing business or transferring to appropriate sales representative to advance the sale cycle.
  • Prepare quotations as required and ensure accurate information for efficient processing of orders and investigate and resolve any discrepancies.
  • Ensure accurate customer data and sales activities are collected and entered into CRM system to advance the sales cycle.
  • Demonstrate strong forecasting and funnel management of your assigned territory.
  • Contribute to and support the territory plans in conjunction with sales representatives.
  • Participate in funnel meetings as well as planning and delivery of sections of the annual territory and account plans.

Qualifications

  • A bachelor's degree and 2 years of experience (or equivalent experience) with one year in a customer facing role is required.
  • Visa sponsorship will not be provided for this position.
  • Candidates for this position must be authorized to work in the United States on a full-time basis for any employer without restriction.

Additional Qualifications

  • Fluency in Spanish or French a plus
  • Demonstrated success understanding business objectives and meeting or exceeding goals.
  • General understanding of contracts and terms specific to maintenance renewals.
  • Good negotiation skills
  • Strong time management and prioritization skills
  • Exceptional persuasive verbal and written communication skills with excellent telephone skills and a high level of attention to detail.
  • Proficient working with a CRM system to facilitate lead qualification and advancement of sales cycle.
  • Ability to work well both independently and within a team environment.
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Average salary estimate

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

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What You Should Know About Senior Renewal Sales Representative, MathWorks

MathWorks is on the lookout for a passionate and motivated Senior Renewal Sales Representative to join our vibrant team in Natick! In this dynamic role, you’ll primarily focus on driving revenue growth through our customer maintenance renewal programs. We value collaboration, and our hybrid work model allows you to balance time spent with your colleagues at the office and the comfort of your home. In your day-to-day, you’ll manage renewal contracts, reach out to customers about our maintenance services, and uncover upsell opportunities along the way. Your role is crucial as you help maintain accurate customer data in our CRM system to keep our sales processes smooth and efficient. We’re seeking candidates who possess strong negotiation, communication, and time management skills, along with a flair for CRM software. Although a bachelor’s degree and at least 2 years of experience are required, what truly sets the ideal candidate apart is their enthusiasm for engaging with customers and supporting our mission. Plus, if you can speak Spanish or French, that’s definitely a bonus! Join us at MathWorks, where your expertise can enhance not only your career but also the world around us!

Frequently Asked Questions (FAQs) for Senior Renewal Sales Representative Role at MathWorks
What are the responsibilities of a Senior Renewal Sales Representative at MathWorks?

As a Senior Renewal Sales Representative at MathWorks, you will be responsible for driving revenue through customer maintenance renewals. This includes managing renewal contracts, proactively contacting customers to explain the benefits of maintenance services, identifying upsell opportunities, and maintaining accurate customer data in the CRM system. Your role is to ensure timely closure of contracts while supporting a collaborative sales environment.

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What qualifications do I need to apply for the Senior Renewal Sales Representative position at MathWorks?

To apply for the Senior Renewal Sales Representative position at MathWorks, candidates need to hold a bachelor’s degree and possess at least 2 years of relevant experience, ideally with one year in a customer-facing role. Candidates should also demonstrate strong negotiation skills and a proficiency in CRM systems. Fluency in Spanish or French is an added advantage, though not required.

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What skills are essential for success in the Senior Renewal Sales Representative role at MathWorks?

Success in the Senior Renewal Sales Representative role at MathWorks requires a strong set of skills, including exceptional verbal and written communication, negotiation abilities, and effective time management. Familiarity with CRM systems is crucial to facilitate lead qualification and streamline the sales process. Additionally, candidates should have a keen attention to detail and the ability to work collaboratively in a team-oriented environment.

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How does the hybrid work model at MathWorks benefit the Senior Renewal Sales Representative?

The hybrid work model at MathWorks offers Senior Renewal Sales Representatives the flexibility to balance work between the office and home. This not only fosters collaboration and team interactions during in-person days but also allows for a more personalized work-life balance. Such an arrangement can enhance productivity and job satisfaction, crucial for effectively engaging with customers.

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What is the compensation range for the Senior Renewal Sales Representative role at MathWorks?

While MathWorks does not disclose specific compensation figures, typical compensation for the Senior Renewal Sales Representative position generally ranges between $80,000 and $120,000, depending on experience and qualifications. This competitive salary is complemented by a support system aimed at employee growth and success.

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Common Interview Questions for Senior Renewal Sales Representative
Can you describe your experience with sustaining customer relationships?

When answering this question, think about specific scenarios where you’ve successfully built and maintained customer relationships. Highlight your communication skills, your understanding of customers’ needs, and how you acted to ensure their satisfaction, which is vital for a Senior Renewal Sales Representative at MathWorks.

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How do you prioritize your tasks in a fast-paced sales environment?

Discuss your time management strategies and tools you use to prioritize tasks effectively. Mention how you handle urgent customer requests while maintaining attention to long-term goals, which is essential for success in the Senior Renewal Sales Representative role.

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What strategies do you use to close a sales deal?

Share specific techniques or strategies you apply to close deals, such as addressing customer objections, leveraging relationship-building, and employing persuasive communication. This will illustrate your competency as a Senior Renewal Sales Representative.

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Can you give an example of how you’ve identified upselling opportunities?

Provide an example from your past work where you successfully identified and capitalized on upsell opportunities. Emphasize your analytical skills in understanding customer needs and how you align them to additional products or services offered by MathWorks.

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How do you handle difficult customer situations?

Explain your approach to conflict resolution, showcasing your ability to listen, empathize, and problem-solve. Your response should reflect your dedication to maintaining customer satisfaction, a key component of the Senior Renewal Sales Representative position.

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What is your experience with CRM systems?

Discuss your familiarity with CRM systems, detailing how you’ve used them to track customer interactions and manage sales pipelines. Highlight any specific CRMs you've worked with and how they contributed to your success in sales.

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Why do you want to work at MathWorks?

Articulate your appreciation for MathWorks’ mission, products, and company culture. Demonstrating enthusiasm for the company’s impact on technology and customer success will resonate strongly during your interview for the Senior Renewal Sales Representative role.

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How do you keep yourself motivated in a sales role?

Share personal motivators, such as achieving sales targets, personal growth, or contributing to team success. Be sure to connect your motivation back to the responsibilities of the Senior Renewal Sales Representative position at MathWorks.

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What techniques do you use to build rapport with clients?

Discuss your relationship-building techniques, such as personalizing communication or understanding industry trends related to your customers. Showing that you value rapport is crucial for the Senior Renewal Sales Representative position.

Join Rise to see the full answer
What do you consider when determining if a maintenance renewal is essential for a customer?

Reflect on how you assess a customer's current usage of products, their feedback on service experiences, and how continued maintenance aligns with their business objectives. This insight will demonstrate your understanding of the role's responsibilities at MathWorks.

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DATE POSTED
April 19, 2025

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