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Associate Account Manager (London)

Associate Account Manager


Patsnap is a global, pre-IPO company that transforms the way organizations harness their Intellectual Property and Research & Development productivity. Our platform revolutionizes how IP and R&D teams collaborate across the entire innovation lifecycle, using domain-specific AI to accelerate the creation of market-ready products. With over 12,000 customers worldwide, including some of the biggest names in innovation, Patsnap is at the forefront of technological advancement. Our $300M Series E funding round brings our valuation to a $1 billion unicorn status, and we still have a remarkable amount of growth ahead.


We have a vibrant and diverse team with offices in Singapore, Toronto, London, and Shanghai. Our hyper-growth trajectory is powered by our people, and we are extremely proud of our company-wide vision, work ethic, and entrepreneurial spirit. We are committed to fostering an inclusive environment where talent thrives and ideas bloom. 


Role Summary:


As an Associate Account Manager at Patsnap, you will play a pivotal role in driving customer success and revenue growth by managing a portfolio of innovative clients. This position is at the heart of building lasting relationships, driving renewals, and uncovering opportunities for expansion. You’ll collaborate with some of the world’s leading innovators, ensuring they derive maximum value from Patsnap’s solutions while achieving your retention and growth targets. If you thrive in a fast-paced, dynamic environment, are customer-obsessed, and have a passion for innovation, this role is your opportunity to make an impact!


This is a hybrid position in our London, UK office. This role has the option to work hybrid throughout the week or fully in office. 


What You'll be Doing:
  • Key point of contact for an account pack consisting of our customers, working towards a net renewal and expansion target (80% renewal, 20% expansion)
  • Build and maintain strong relationships with some of the world’s greatest innovators
  • Identify and grow opportunities within your account pack
  • Negotiate commercial agreements, conduct customer Kick-off’s and Quarterly Business Reviews
  • Prioritize tasks while effectively managing internal and external stakeholders
  • Consistently deliver rolling 90-day forecasts
  • Keep up to date with all major product updates and articulate their value to our clients
  • Clearly communicate progress of initiatives to internal and external stakeholders
  • Ability to show aptitude for using these things: Outreach, Salesforce, Pendo, Gong, LinkedIn Sales Navigator and other tools within the Patsnap tech stack
  • Use internal and external resources to master Account Management concepts in SaaS and become a Patsnap subject matter expert


About You:
  • 1+ years of experience in a B2B sales or customer success role
  • Leads by example and exemplifies Patsnap’s iLOGIC values 
  • Self-starter with a desire to learn and grow quickly 
  • Curious, adaptable and thrive working in an innovative and fast-paced environment
  • Foundational understanding of Sales Methodologies
  • Foundational understanding Customer Success in SaaS 
  • Comfortable presenting to both end users and decision-makers
  • A team player when it comes to internal collaboration


What You'll Love:
  • 25 days annual leave allowance + bank holidays (Additional time off based on service up to a maximum of 5 extra days)
  • 2 company paid volunteering days
  • Eyecare voucher scheme
  • Private healthcare with Bupa Healthcare
  • Private pension with Scottish Widows
  • Parental leave policies
  • Perkbox benefit scheme, we aim to reward our Patsnappers for all their hard work as much as we can.
  • WFH stipend
  • Cycle To Work scheme
  • Life Assurance
  • Payroll giving


Our Values:
  • Integrity: We hold each other accountable for our actions. 
  • Leadership: We lead by example and inspire each other to reach for new heights. 
  • Openness: We are open and honest and share our ideas with care and consideration. 
  • Growth: We are lifelong learners who aspire to improve each day. 
  • Innovation: We seek out new ways to solve problems. 
  • Customer: Our customer is at the center of everything we do. Their success is our success. 


Patsnap is proud to be an equal opportunity employer (EOE) that champions diversity. We do not discriminate based on race, religion, national origin, citizenship, sex, gender identity or expression, sexual orientation, pregnancy, age, or marital, veteran/military, or disability status, or any other protected status in accordance with federal, provincial/state or local laws.


Even if you don’t meet 100% of the above qualifications, we encourage you to apply and tell us why you’d be a great fit for this role! If you require any accommodations during the interview process, please email us at recruitment@patsnap.com so we can best support you.

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What You Should Know About Associate Account Manager (London), PatSnap

As an Associate Account Manager at Patsnap, based in London, you’ll be stepping into a crucial role that's all about fostering customer success and driving revenue growth. Your primary mission will be managing a portfolio of innovative clients, where you'll act as the main point of contact. With our cutting-edge platform, which transforms how IP and R&D teams collaborate, you'll ensure that clients maximize the value derived from our solutions. Your day-to-day tasks will involve building and nurturing strong relationships, driving renewals, and identifying opportunities for expansion. Working closely with some of the biggest names in innovation, your ability to negotiate commercial agreements and conduct impactful Quarterly Business Reviews will be essential. We’re looking for a self-starter who thrives in a fast-paced environment and is passionate about customer satisfaction. In return, you’ll join a vibrant team driven by a culture of openness and growth, where your ideas and contributions are valued. At Patsnap, you won’t just fill a position; you’ll contribute to a mission that empowers organizations worldwide to harness their intellectual property. And with a hybrid working option available, you’ll enjoy flexibility while making a significant impact each day at our London office. If you're ready to take your career to the next level, this is the role for you!

Frequently Asked Questions (FAQs) for Associate Account Manager (London) Role at PatSnap
What are the key responsibilities of an Associate Account Manager at Patsnap?

The Associate Account Manager at Patsnap plays a vital role in maintaining customer relationships, driving renewals, and seeking out expansion opportunities. Their responsibilities include being the key contact for a portfolio of clients, negotiating commercial agreements, and effectively managing both internal and external stakeholders to meet retention and growth targets.

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What qualifications do I need to become an Associate Account Manager at Patsnap?

To be an ideal candidate for the Associate Account Manager role at Patsnap, you should have at least 1+ years of experience in a B2B sales or customer success role. A foundational understanding of Sales Methodologies and Customer Success in SaaS is also beneficial, along with strong communication skills for presenting to various stakeholders.

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How does the Associate Account Manager role contribute to client success at Patsnap?

The Associate Account Manager is integral to client success at Patsnap by ensuring clients harness the full potential of our innovative solutions. They build strong relationships, offer valuable insights during Quarterly Business Reviews, and proactively identify growth opportunities that benefit both the client and the company.

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What tools will I work with as an Associate Account Manager at Patsnap?

As an Associate Account Manager at Patsnap, you will utilize tools such as Salesforce, Outreach, Pendo, Gong, and LinkedIn Sales Navigator. Familiarity with these tools will help you track customer interactions, manage accounts efficiently, and generate insightful reports.

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What is the work culture like for an Associate Account Manager at Patsnap?

Working as an Associate Account Manager at Patsnap means being part of a dynamic and collaborative culture that values integrity, openness, and innovation. The company is committed to lifelong learning and empowering employees to thrive in a fast-paced environment while offering a variety of employee benefits and a healthy work-life balance.

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Common Interview Questions for Associate Account Manager (London)
Can you describe your experience in managing client accounts?

When discussing your experience in managing client accounts, focus on specific examples where you successfully developed relationships, resolved issues, or achieved renewal rates. Highlight your ability to communicate effectively and how you tailor your strategy based on client needs.

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How do you handle objections during negotiations?

Handling objections requires good listening skills, empathy, and problem-solving. When faced with an objection, acknowledge the client’s concerns, ask clarifying questions, and provide tailored solutions that address their needs while emphasizing the benefits of your offerings.

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What strategies do you use for account expansion?

For account expansion, I focus on building strong relationships to understand the client's business deeply. By regularly engaging with key stakeholders, I can identify unmet needs, suggest relevant solutions, and demonstrate how our offerings can drive impact for their goals.

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How do you prioritize tasks when managing multiple accounts?

Prioritizing tasks amidst multiple accounts involves assessing urgency and potential impact. I typically use project management tools to stay organized, keep track of deadlines, and align my focus on activities that will yield the highest value for my clients and the company.

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What do you know about SaaS and its impact on customer success?

SaaS has revolutionized customer success by enabling continuous delivery of value through subscription models. It fosters closer relationships with clients as success is linked to ongoing engagement. Understanding product usage, gathering feedback, and providing training are essential for retention.

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Describe your approach to maintaining client relationships.

My approach to maintaining client relationships revolves around regular communication and demonstrating value. I schedule consistent check-ins, send updates on product enhancements, and ensure they feel supported at all times, even beyond their immediate needs.

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Can you provide an example of a successful negotiation you conducted?

In a past role, I successfully negotiated a contract renewal with a key client by preparing data that showcased how our solution improved their efficiency. This not only prompted them to renew but also led to an upsell, thereby enhancing overall customer satisfaction.

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How do you stay updated on product changes and industry trends?

I stay updated on product changes through regular training and internal resources. To follow industry trends, I read relevant blogs, attend webinars, and participate in industry events. Staying informed allows me to provide exceptional service and proactive support to clients.

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What metrics do you think are most important for measuring success as an Associate Account Manager?

Key metrics for an Associate Account Manager include renewal rates, customer satisfaction scores, and account expansion rates. Focusing on these metrics helps track the effectiveness of relationship management strategies and customer engagement.

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How would you address a dissatisfied client?

Addressing a dissatisfied client starts with listening empathetically to understand their concerns. I would reassure them that their feedback is valuable, work collaboratively to find a resolution, and follow up to ensure that they are satisfied with the outcome, reinforcing trust in our partnership.

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At PatSnap, we help companies innovate better. Our innovation intelligence platform helps companies identify technological opportunities that could affect the future growth and survival of their business, so that they can make smarter, more inform...

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Full-time, hybrid
DATE POSTED
January 4, 2025

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