Senior Renewal Account Analyst

8 - 12 years

0 Lacs

Posted:1 week ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Contractual

Job Description

Key Responsibilities:

  • Renewal Management
  • Own the renewal cycle from initiation to completion, ensuring timely and accurate processing of all contract renewals
  • Coordinate with customers/partners and internal teams to gather necessary information and approvals prior to contract expiration dates
  • Maintain up-to-date information in Salesforce to track contract status and renewal progress
  • Document all interactions, negotiations, and outcomes in accordance with company policies and procedures
  • Up-sell & Cross-sell Opportunities
  • Independently or Collaborate with the Sales to identify opportunities for additional products and services
  • Present recommendations to customers on potential upgrades, add-ons, or related services to drive incremental revenue
  • Evaluate annual rate increase (CPI) by analysing market conditions and company profitability goals
  • Develop strategies to communicate and justify any price adjustments to customers
  • Customer Success and Growth Strategy
  • Review historical pricing, usage, and performance data to accurately determine current profitability and forecast future margins
  • Identify trends, potential risks, and opportunities to optimize the renewal cycle and improve overall revenue retention
  • Develop a deep understanding of customer needs and align them with product capabilities and value propositions
  • Act as a customer advocate, providing insights to product and engineering teams for feature enhancements
  • Cross-functional Collaboration
  • Partner with Finance to ensure invoices and contract terms align with forecasts and revenue targets
  • Work closely with Legal and Compliance teams to ensure all contractual documents adhere to company policies and relevant regulations
  • Customer Relationship Management
  • Build and maintain strong relationships with customers, acting as a trusted advisor for their ongoing needs
  • Resolve any renewal-related customer concerns, proactively escalating issues when necessary
  • Develop scalable customer engagement models to accelerate adoption and satisfaction
  • Process Improvement
  • Continuously refine and improve renewal processes, templates, and workflows to enhance efficiency and customer satisfaction
  • Track and report key performance metrics (Advance quote preparation, On-time renewal rate, churn rate, up-sell/cross-sell revenue)

What We're Looking For:

  • 8-12 years of experience in B2B SaaS customer success & account management
  • Proven track record of driving customer retention, adoption, and expansion
  • Ability to engage senior executives, lead strategic business reviews, and influence key decision-makers
  • Experience with Salesforce CPQ, Oracle Fusion, SAP
  • Strong executive communication, negotiation, and presentation skills

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