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Renewals Specialist, EMEA

Semperis focuses on creating an employee experience that is aligned with our vision—being a Force for Good— starting with being a good workplace. Semperis is recognized as one of America’s Fastest-Growing Cybersecurity Companies on the Inc. 5000 List, a DUNS 100 top Start Up to work for and Inc. Best Workplace for multiple years.  With teams around the world, you’ll be working alongside top global talent in Cybersecurity and Identity Access Management. 

If you are a purpose-driven person who always sees the glass as half full, seizes opportunities, and has an urge to learn and develop your skills—we’d love to meet you. 

What we are looking for:

We are looking for a EMEA based Renewals Specialist to join our team. Fluency in English and French required.
 
What you will be doing:

Renewal Specialists own and execute a portfolio of renewal contracts of Semperis customers across an assigned account base, per Gross and Net Revenue Retention targets defined for the year and quarter.   Renewal Specialists work internally and with customer decision makers to develop a holistic view of the account’s renewal position (trending Churn, Risk, Win), and define a strategy (Renewal Close Plan) in consultation with the Sales Director to drive renewals to on-time closure, as well as minimize renewal risk and financial attrition. 

You are expected to bring a strong knowledge of negotiation strategies and purchase options, and coordinate with cross-functional resources (especially the assigned CSM and Sales Director, but also Finance and Legal as needed) to provide a unified path to securing renewals.   

You will help maximize account growth by identifying incremental opportunities in close coordination with the Sales Director fitting for the contract renewal.  You will also strive for early, multi-year renewals that provide predictable revenue and longer-term commitments that benefit both the business and manageability of your portfolio. 

Responsibilities:

  • Contract Renewal Management – Oversee the entire process of renewing customer contracts or subscriptions.  Develop and implement strategies to ensure high renewal rates while identifying any churn risks.

  • Customer and Channel Communication – Interact with customers and our channel community to understand their needs, address concerns, and negotiate contract terms and pricing of renewals

  • Negotiation – Collaborate with sales, customer success, and other teams to negotiate terms, pricing and help to identify opportunities for upselling or cross-selling additional products or services.

  • Forecasting – Develop and maintain accurate forecasts of renewal rates, revenue projections, and other relevant metrics.  Be able to provide insights and data-driven recommendations for business planning

  • Customer Retention – Work to enhance customer satisfaction and loyalty through a smooth and positive renewal experience through addressing customer concerns and proactively identity opportunities to add value.

  • Strategic Problem Solving – Approach renewals strategically for the overall customer lifecycle, market trends and the competitive lifecycle


What you will bring to the table:

  • BS/BA (or equivalent) plus 5+ years related sales experience and 3+ years of experience managing SaaS renewals for enterprise customers in a high growth, multi-product environment. 

  • Experience in an enterprise solution sales environment, having partnered with Sales to develop and close opportunities $100K+ in ARR. 

  • Experience preferred with cybersecurity technologies, including identity security products 

  • Proven track record in delivering excellent gross and net revenue retention results against pre-defined goals and targets. 

  • Excellent communications skills (written and verbal) used to establish and maintain client executive relationships, including budget owner / buyers and VP or C level stakeholders. 

  • Proven ability to establish strong relationships with your internal resources (Sales, CS, Product, Finance, Legal) to provide the most for your customers.   

  • Expert commercial negotiation skills and financial acumen, with the proven ability to manage and accurately forecast against a book of renewable business. 

  • Ability to demonstrate a strategic mindset to enable persuasive value conversations with customers at an executive level. 

  • Proficiency with business applications such as Salesforce, CPQ

  • Fluent in English and French (Other EMEA business languages advantage)

 

#LI-DZ1

#LI-Remote

Semperis is an equal opportunity employer and will not discriminate against an applicant or employee based on race, color, religion, creed, national origin or ancestry, ethnicity, sex (including gender, pregnancy, sexual orientation, and gender identity), age, physical or mental disability, veteran or military status, genetic information, citizenship, marital status, or any other legally recognized protected basis under federal, state, or local law. The information collected by the Semperis application is solely to determine suitability for employment, verify identity, and maintain employment statistics. 

 Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and/or other applicable state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Semperis. Please inform Semperis representative Anna Taylor, Director of Global Recruiting, if you need assistance completing this application or to otherwise participate in the application process. 

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What You Should Know About Renewals Specialist, EMEA, Semperis

As a Renewals Specialist at Semperis in Berlin, you will be an essential player in our mission to ensure customer satisfaction and retention. Imagine yourself managing a portfolio of renewal contracts for our valued customers, working diligently to ensure every renewal is a win-win. You will dive deep into analyzing renewal positions, understanding customer needs, and crafting tailored strategies to drive on-time renewals while mitigating churn risk. Your strong negotiation skills will be put to the test as you collaborate with Sales Directors and internal teams to finalize terms that not only suit our customers but also propel our business forward. With a focus on building lasting relationships, you'll engage with clients and channel partners, ensuring their voices are heard and their concerns addressed. Your keen understanding of the cybersecurity landscape, paired with your experience in navigating SaaS renewals, will be vital as you identify opportunities for upselling and cross-selling additional products. Plus, your ability to forecast renewal rates and revenue projections will shine as you contribute to our overall business strategy and planning. If you're someone who thrives in a fast-paced environment and is passionate about delivering an exceptional customer experience, Semperis is your next stop on this exciting journey!

Frequently Asked Questions (FAQs) for Renewals Specialist, EMEA Role at Semperis
What are the main responsibilities of a Renewals Specialist at Semperis?

As a Renewals Specialist at Semperis, your main responsibilities include managing the renewal process for customer contracts, developing strategies to ensure high renewal rates, engaging in negotiations with internal and customer stakeholders, and monitoring market trends to address potential churn risks.

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What qualifications do I need to be a Renewals Specialist at Semperis?

To qualify for the Renewals Specialist position at Semperis, you should have a BS/BA degree or equivalent, plus at least 5 years of relevant sales experience and 3 years managing SaaS renewals for enterprise clients. Familiarity with cybersecurity technologies is preferred, along with excellent communication and negotiation skills.

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How does the Renewals Specialist contribute to customer retention at Semperis?

The Renewals Specialist plays a pivotal role in customer retention by ensuring a smooth renewal process, addressing customers' concerns proactively, and identifying opportunities to add value. By fostering positive relationships and understanding clients’ needs, you help enhance satisfaction and loyalty.

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What tools and applications are commonly used by a Renewals Specialist at Semperis?

As a Renewals Specialist at Semperis, you will frequently use business applications like Salesforce and CPQ to track contracts, manage forecasts, and collaborate with cross-functional teams. A solid proficiency in these tools will help streamline the renewal management process.

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What languages are required for the Renewals Specialist position at Semperis?

For the Renewals Specialist role at Semperis, fluency in both English and French is a must, as you'll engage with customers across the EMEA region. Knowledge of other EMEA business languages is a plus!

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Common Interview Questions for Renewals Specialist, EMEA
Can you describe your experience with managing SaaS renewals?

In answering this question, highlight specific instances where you've overseen renewal processes, focusing on the strategies you implemented and the results you achieved. Mention any metrics that showcase your success in achieving high renewal rates or managing customer relationships.

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How do you approach negotiations during contract renewals?

When discussing your negotiation approach, emphasize your preparation techniques, understanding of the client's needs, and adaptability to find mutually beneficial solutions. Discuss any tools or frameworks you follow during negotiations to ensure positive outcomes.

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What strategies do you use to mitigate churn risk?

In your response, explain how you proactively identify potential churn indicators and what steps you take to address them. Illustrate this with examples of communication strategies or customer engagement activities you've used to retain clients.

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How do you keep track of contract renewals and deadlines?

Mention any specific methodologies or tools you utilize to keep track of renewal timelines, such as using CRM systems, setting reminders, or creating dashboards to monitor progress towards meeting renewal targets.

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Describe a situation where you helped grow an account during a renewal.

Share a story showcasing how you identified upsell opportunities during a renewal conversation. Include details about how you approached the discussion and the results that followed, demonstrating your value to the customer and the company.

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How do you communicate with cross-functional teams during the renewal process?

Discuss your collaboration techniques, explaining how you align the goals and objectives of different departments. Share real-life examples where your effective communication facilitated successful outcomes during the renewal cycle.

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What metrics do you consider vital for assessing renewal success?

In this answer, specify key performance indicators such as renewal rates, net revenue retention, customer satisfaction scores, and any other relevant metrics that highlight your analytical approach and success in renewal management.

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How do you handle difficult conversations with customers regarding renewals?

Exemplify your conflict resolution skills by discussing your approach to managing and responding to customer concerns during difficult discussions. Highlight your ability to empathize while still aiming to achieve a successful renewal.

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What role does customer feedback play in your renewal strategy?

Explain how you incorporate customer feedback into your strategy, using it to enhance the renewal experience and tailor your approach. Provide examples of when customer insights have led to significant improvements in renewal outcomes.

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Why do you want to work as a Renewals Specialist for Semperis?

When addressing this question, express your enthusiasm for Semperis' mission and values. Discuss how your skills align with the company's goals and how you see yourself contributing to enhancing customer retention and business growth.

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Semperis puts people first. From our customers and partners to our culture of engineers and experts, we understand that people are our assets. Our talented employees, contribute to the Semperis culture that champions strategic vision, innovation,...

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DATE POSTED
December 14, 2024

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