Senior Renewals Manager

Paradigm; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading company in digital assets and blockchain technology seeks a Renewals Manager to support customer retention and subscription renewals. The role involves collaborating with various teams to manage renewal processes, maximize retention, and contribute to continuous improvement of renewal policies. Candidates should have extensive experience in SaaS renewals and strong analytical skills to drive customer success.

Qualifications

• Minimum of 6+ years’ experience in renewals or account management.
• Experience negotiating contracts and managing high volume SaaS renewals.
• Proven track record of achieving or exceeding quota targets.

Responsibilities

• Maximize customer retention rates and minimize churn.
• Manage the renewal process and ensure timely closures.
• Forecast and report on renewal pipeline and associated risks.

Skills

Account Management

Sales Operations

Negotiation

Customer Retention

Analytical Skills

Communication

Tools

Salesforce

SaaS Customer Success Software

Configure Price Quote (CPQ)

Job description

The world of digital assets is accelerating in speed, magnitude, and complexity, opening the door to new ways for leveraging the blockchain. Fireblocks’ platform and network provide the simplest and most secure way for companies to work with digital assets and it trusted by some of the largest financial institutions, banks, globally-recognized brands, and Web3 companies in the world, including BNY Mellon, BNP Paribas, ANZ Bank, Revolut, and thousands more.

The Renewals Manager is responsible for supporting the Customer Success team in their mission to retain and grow Fireblocks’ customers. You will be responsible for ensuring timely and successful renewals of customer subscriptions while providing a seamless customer experience. The role aims to deliver predictable and efficient renewals through a proactive engagement in the customer lifecycle.

You will work in close alignment to the Customer success managers, Account managers, Sales Directors and Finance teams, to manage the renewal process with the addition of services and decommissioning of accounts.

You will:

• Maximize customer retention rates through effective sales techniques while also minimizing customer churn and contraction.
• Analyzing customer renewal data and current renewal agreements to determine retention and uplift strategy.
• Execute the renewal process to ensure ARR is retained or expanded
• Evaluate license usage and complete true-up requirements
• Understand our portfolio and align customer’s business needs and goals to generate renewal quotes
• Provide renewals administration support to co termed expansion opportunities
• Ensure that renewals are closed on a timely basis.
• Collaborate with Sales and Customer Success Managers on renewals strategy and plans, leveraging customer analytics and metrics.
• Liaise with customers to ensure POs and order forms are accurately completed to allow for internal deal approval.
• Ability to identify opportunity and customer level risk and coordinate the mitigation.
• Contribute to the improvement of the renewal process, policies, and tools including helping others on the team.
• Provides accurate weekly forecasts and status of renewals and associated risks.
• Negotiate and bring to successful closure renewals for assigned customers.

You'll have:

• Minimum of 6+ years’ experience in renewals, sales operations, account management in high growth SaaS technology environments is required
• Experience negotiating contracts and working with high volume of SaaS renewals is essential
• Proficiency with Salesforce, Customer success software and Configure Price Quote (CPQ) applications is required
• Experience in working across functions to deliver customer facing quotes/proposals
• Consistent track record of accurate forecasting and achieving or exceeding quota targets
• Prioritize requests based on importance and timing for key decision making or events
• Manage a renewal pipeline and forecast renewal rates on a monthly and quarterly basis
• History of thriving in a rapidly changing environment
• Excellent communication and interpersonal skills
• Proactive and results driven
• Strong empathy for customers and passion for revenue and growth
• Analytical and process-oriented mindset

Fireblocks' mission is to enable every business to easily and securely access digital assets and cryptocurrencies. In order to do that, we strongly believe our workforce should be as diverse as our clients, and this is why we embrace diversity and inclusion in all its forms.

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