Renewals Director

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The Role

The Renewals Director is focused on leading activities, efforts, and people that are responsible for renewing/extending contracts for the existing customer base. In addition, working closely with sales leadership and executives, this individual will provide strategic input, process improvement and tactical execution over the Global Renewals Pipeline. This individual will be an evangelist for Customer Retention and will focus on creating the appropriate amount of visibility and urgency to assist with execution of renewal deals. As part of the duties, the individual will directly assist team members and other sales staff in the negotiation of renewal deals to closure when necessary.

A successful candidate will be a highly motivated individual that is detail, process, and customer service oriented, as well as a professional and responsive team player. This position demands a detailed understanding of the processes and procedures that drive a successful renewals pipeline, as well as strategic thinking to continually improve performance over time. This position offers an excellent opportunity to contribute directly to the growth of the business.

Responsibilities

  • Responsible for a book of business of customer renewals with a goal of increasing prices, maximizing contract term, improving contractual terms, and minimizing churn.
  • Work with Account Executive and Account Managers in Strategic and Large customer renewals and handle customer escalation requests. Provide cross-functional communication on issues that arise regarding contract, pricing, customer health, and other aspects regarding the renewal base
  • Act as a liaison with other functional departments by understanding the renewals model and ensuring the integrity of information available through various system and reporting structures
  • Develop and document best practice negotiation talk tracks to meet strategic goals of renewals initiative. Provide negotiation guidance that is within the approval matrix, and assist with customer negotiations as needed
  • Maintain reporting/analytics for Global Renewal assets and bookings; deploying and maintaining dashboards and reports to drive consistency and transparency
  • Communicate monthly and quarterly renewal progress with Executives and Sales Leadership, escalating items of impact as needed
  • Manage ad-hoc requests for renewal data
  • Over time, manage a team of Renewals Specialists and their renewal portfolios
  • As needed, coach team and others on objection handling, and understanding of how to meet or exceed customer expectations to assist in creating highly satisfied, referenceable customers

Requirements

  • Excellent understanding of standard business practices related to Sales Operations processes and systems (sales cycle, CRM applications, reporting, forecasting, territory management and sales quotas) as related to the recurring revenue base
  • Strategic thinking and the ability to glean opportunities for improvement from data/reports and team interactions
  • Cross-functional business knowledge, especially in the areas of Finance, Contract Management, Sales and Product usage
  • Proven ability to build and maintain effective working relationships both internally and externally at all levels of an organization, including executives
  • Strong analytic and quantitative skills; attention to detail; ability to determine trends and propose solutions
  • Desire and aptitude to constantly seek out problem areas and drive positive change
  • Excellent communication and presentation skills; comfortable facilitating and leading classroom and live web-cast delivery
  • Experience with Salesforce.com
  • Strong proficiency with Microsoft Excel or other analytical software

Preferred Qualifications

  • Bachelor's Degree in Business Management or equivalent degree/experience
  • 6-10 years of experience in maintenance renewal sales preferred
  • Previous experience managing a sales or renewal pipeline in an enterprise SaaS environment and a track record of customer experience excellence
  • 2-4+ years of experience managing people is a plus

Fusion Risk Management, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, disability, sex, sexual orientation, gender identity or national origin. Nothing in this job posting should be construed as an offer or guarantee of employment.

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavascriptLanguages
    • ApexLanguages
    • D3JSLibraries
    • ReactLibraries
    • Google AnalyticsAnalytics
    • PardotAnalytics
    • TrelloManagement
    • SalesforceManagement
    • DocuSignCRM
    • SalesforceCRM
    • GongCRM
    • ZoomInfoLead Gen

Location

You can't beat the location! Our building is connected to Oglivie Station and is across the street from the Madison St. exit of Union Station.

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What are Perks + Benefits

Benefits Overview

In addition to the basics such as medical, dental, and vision insurance; FSA and HSA options; commuter benefits; and 401K matching with no vesting period, we also offer monthly partial cell phone reimbursements, a wellness program, and fitness subsidies, paid volunteer time, parental leave, and more! We also offer flexible scheduling and the ability to work remotely.

Our cultural and professional development groups are employee-led, voluntary workplace networks that help foster a culture of community, including three Employee resources groups (Black/African-American; LGBTQ+; and Women), a volunteer committee, and our social activities squad. Even while working remotely, we have maintained fostering connections through virtual events such as lunch n’ learns, happy hours, and live concerts.

We have given special options and offerings during the COVID-19 pandemic in 2020 including extra paid time off, educational resources for all employees, and parental subsidies.

Culture
Volunteer in local community
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Diversity employee resource groups
Our Employee Resource Groups are voluntary workplace networks that are employee-led. They foster a diverse, inclusive workplace aligned with the organization's mission and values.
Health Insurance + Wellness
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Performance bonus
Child Care & Parental Leave
Childcare benefits
Generous parental leave
Family medical leave
Vacation + Time Off
Generous PTO
Paid volunteer time
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Company-sponsored outings
Free snacks and drinks
Company-sponsored happy hours
Fitness stipend
Home-office stipend for remote employees
We offer home office stipends for necessary office supplies in order to promote a more efficient at home workspace.
Professional Development
Job training & conferences
Lunch and learns
Promote from within
Paid industry certifications

Additional Perks + Benefits

We seek to foster a supportive and nurturing environment and are proud of our collaborative, open culture! As a fast-growing company, we are dedicated to growing with our employees and adapting to the evolving workplace.

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