
Renewal Account Manager
Ping Identity
full-time
Posted on:
Location Type: Remote
Location: Colorado • United States
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Salary
💰 $60,900 - $74,000 per year
About the role
- Oversee and manage the quarterly and annual renewal portfolio and quota for the designated territory.
- Maximize renewal value, renewal rates, on-time renewals and uncover growth opportunities during the renewal cycle by working closely with the sales team.
- Identify churn risks, develop strategies and execute "save plans" in collaboration with Account POD to mitigate churn and drive high renewal rates.
- Engage customers a minimum of 120 days in advance of renewal. Build on-going customer cadence and relationships while ensuring high customer satisfaction.
- Develop and execute win-win negotiation strategies, prepare renewal quotes and proposals, and address customer questions and objections.
- Maintain accurate renewal forecasts in Salesforce ensuring opportunity, quote, close plans are accurate, up-to-date, and compliant with internal policies and practices.
- Work effectively with cross-functional teams, including Sales, Customer Success, Finance, and Legal.
- Develop an understanding of the software product, its use cases, licensing models to articulate the value proposition effectively to customers.
Requirements
- Minimum of four (4) years of renewal sales experience in a Software (ideally SaaS) company.
- Demonstrated ability to effectively communicate (verbal and written) with C-Level contacts.
- Strong time management and organizational skills
- Assertive self-starter comfortable working in a fast-paced, dynamic environment.
- Possess a collaborative spirit and the ability to work effectively with others as part of a broader, cross-functional team.
- Experience using Microsoft Office or Google Apps (e.g. Microsoft Excel or Google Sheets).
Benefits
- Generous PTO & Holiday Schedule
- Parental Leave
- Progressive Healthcare Options
- Retirement Programs
- Opportunity for Education Reimbursement
- Commuter Offset (Specific locations)
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
renewal salesnegotiation strategiescustomer engagementrenewal forecastingSaaScustomer satisfactionchurn risk mitigationproposal preparationvalue proposition articulation
Soft Skills
communicationtime managementorganizational skillscollaborationself-startercustomer relationship management