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Renewals Manager

Cybersecurity company

3 years

6 - 10 Lacs

Mumbai

Posted:1 week ago

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Job Description

Hello,

Greetings for the day !!!

We are hiring "Renewals Manager" for our organization specialized into end-to-end Cyber Security, IT Infrastructure, OT Security, and Managed Services based at BKC, Mumbai !!!

Position: Executive / Senior Executive – Renewals PSG (Professional Services Group)

Experience: 3+ years

Department: Professional Services Group (PSG)

Reports to: [Manager / Senior Manager – Renewals PSG]

Key Responsibilities:

  • Manage the renewal process for assigned accounts across Managed Services, AMC, Professional Services, Cyber Security, Network Security, Cloud and IT Infrastructure contracts.
  • Track contract expiry dates and start renewal discussions in good time.
  • Engage with customer IT heads, procurement teams and decision-makers to secure on-time renewals.
  • Prepare renewal proposals, quotations and commercial offers, and support negotiations and contract documentation.
  • Coordinate with Sales, Delivery, Technical Support, Finance and Legal teams to close renewals smoothly.
  • Identify upsell and cross-sell opportunities in existing accounts and pass them to the sales team.
  • Flag churn risks and customer concerns early and escalate them to the manager.
  • Maintain accurate renewal forecasts, pipeline reports and MIS dashboards.
  • Follow up on purchase orders, invoices and payment collection until closure.
  • Keep CRM and renewal records accurate and up to date.

Required Skills:

  • 3+ years of experience in renewals, AMC or subscription renewals, account management, or customer success in IT services.
  • Good customer communication and relationship-handling skills.
  • Commercial negotiation basics and understanding of contracts and quotations.
  • Basic understanding of cybersecurity, networking, cloud and IT infrastructure solutions.
  • Working knowledge of CRM tools, ERP systems and advanced Microsoft Excel (pivot tables, lookups).
  • Good analytical, reporting and follow-up skills.
  • Clear verbal and written communication.

Educational Qualification:

  • Bachelor's degree in Business Administration, Commerce, Engineering, IT or a related field.
  • An MBA is a plus.

Preferred Experience:

  • 3 to 5 years in Renewals, Customer Success, Account Management or IT Service Delivery.
  • Experience with enterprise customers and renewal quotations for IT services or infrastructure.
  • Exposure to OEM or distributor environments is a plus.

Key Performance Indicators (KPIs):

  • Renewal revenue achieved on assigned accounts
  • Customer retention rate
  • Contract renewal percentage and on-time renewal initiation
  • Reduction in churn
  • Upsell and cross-sell leads passed on
  • Forecast accuracy
  • Customer satisfaction (CSAT)
  • Collection and payment closure timelines

Pay: ₹600,000.00 - ₹1,000,000.00 per year

Application Question(s):

  • How soon you will be able to join?
  • Is your notice period negotiable?

Experience:

  • Renewals Sales: 3 years (Required)
  • Cybersecurity Renewals: 3 years (Required)
  • CRM/ERP software: 2 years (Required)

Location:

  • Mumbai, Maharashtra 400051 (Required)

Work Location: In person

Skills Required

Cyber Security IT Infrastructure Managed Services Professional Services Network Security Procurement Sales Technical Support Finance MIS Purchase Payment Collection

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Job Type

Full Time

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Cybersecurity company

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