Verint Systems

Renewal Sales Manager

Verint Systems$90K — $120K *
US-AnywhereRemote in United States
Enterprise Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent work experience
  • 5+ years in software renewal services or similar
  • 3+ years in sales and negotiation
  • Knowledge of Oracle or ERP software products
  • Strong use of MS Office tools and CRM applications like Salesforce
  • Excellent communication skills with a focus on customer interaction
  • Strong analytical and problem-solving abilities
  • Detail-oriented with effective organizational skills
  • Demonstrated leadership and objection handling capabilities
  • Familiarity with contract management in the software industry

Responsibilities

  • Execute the Verint 4.0 Strategy through in-depth product knowledge
  • Manage renewals and book of business per Verint's renewal timeline
  • Collaborate cross-functionally with the sales team to foster account strategies
  • Lead negotiations to align renewal outcomes with company objectives
  • Use Salesforce to accurately track and forecast the book of business
  • Assist customers with product discrepancies and audits
  • Monitor non-renewals, analyze reasons, and develop strategies for retention
  • Handle customer support and technical issues as needed

Benefits

  • Opportunity to work within a collaborative sales team
  • Engagement in product strategy discussions
  • Focus on customer retention and satisfaction
  • Use of industry-leading sales forecasting tools like Salesforce
Full Job Description
Job Description

Overview of Job Function:

The Renewal Sales Manager position is part of the Verint Sales Team focused on maintaining Verint's renewal book of business by driving high renewal rates and multi-year committed term lengths. This role is responsible for the entire renewal process at the account level and will collaborate closely with other members of the Verint sales team, namely our regional vice presidents, account executive, and client success managers. This sales role will be accountable for meeting customer retention and bookings targets, term length targets, and maintaining the customer and partner relationship in their book of business.

Principal Duties and Essential Responsibilities:
  • Align with and execute Verint 4.0 Strategy by establishing a deep knowledge of Verint's product suite and be enabled to drive product strategy discussions with our customers.
  • Identify Renewals and Manage Book of Business aligning with Verint's 9-month / 6-month renewal strategy.
  • Drive cross functional collaboration with the rest of the sales organization on both account and renewal strategy, establishing themselves as a trusted member of the account team.
  • Lead renewal negotiations with customers to drive outcomes aligned with Verint objectives.
  • Accurately track and forecast their book of business using Salesforce as their forecasting tool.
  • Assist customers with any product discrepancies in their install base to include license reconciliations and audits.
  • Track contract non-renewals including reasons for cancellation and develop strategies to overcome future cancellation risks at other customers.
  • Own accountability for support and technical related issues for customers.

Minimum Requirements:
  • Bachelor's Degree or equivalent work experience
  • Minimum of 5+ years' experience in software renewal services or equivalent
  • Minimum of 3+ years' experience in sales and negotiation
  • Working knowledge of Oracle or ERP software products
  • Strong proficiency in MS Office tools such as Word, Excel, Outlook and in using CRM applications - e.g. Salesforce
  • Proven ability to effectively communicate (both written and verbal) with internal and external customers
  • Strong listening and analytical skills with an emphasis on problem solving and decision-making skills
  • Ability to be detail-oriented to organize and prioritize activities in order to meet deadlines
  • Strong leadership and objection handling skills
  • Knowledge of the software industry and working with contracts
  • Excellent customer service skills and a strong passion for customer service
  • Ability to understand and apply contractual terms and conditions
  • Must be motivated and goal oriented
  • Successful completion of a background screening process including, but not limited to, employment verifications, criminal search, OFAC, SS Verification, as well as credit and drug screening, where applicable and in accordance with federal and local regulations

Preferred Requirements:
  • Background in SaaS / Cloud

About Verint Systems

Verint Systems Inc. is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization and cyber intelligence. Today, over 10,000 organizations in more than 180 countries—including over 85 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Verint’s solutions help organizations address three important challenges: customer engagement optimization; security intelligence; and fraud, risk and compliance. The company was founded in 1994 and is headquartered in Melville, New York.
Learn more about Verint Systems
Size
4,400 employees
Market Cap
$2.3 billion
Industry
Net Income
$17.5 million
Founded
1994
5 Year Trend
-3.8%
Revenue
$1.2 billion
NASDAQ

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