Darktrace

Renewals Manager

Darktrace$80K — $95K *
Information Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-3 years in Customer Success, Project Management, Business Development, Technical Account Management, Client Service, or Consulting.
  • Excellent communication and presentation skills for engaging with senior business professionals.
  • Familiarity with enterprise networking technology and foundational understanding of cybersecurity concepts is a plus.
  • Strong time management and self-motivation skills with the ability to work collaboratively.
  • Proven problem-solving abilities with adaptability in dynamic situations.
  • Proactive decision-making capacity within established guidelines.
  • Experience with Salesforce is preferred.

Responsibilities

  • Manage customer portfolio to ensure timely renewals and drive retention.
  • Collaborate with Customer Success team to assess risk for upcoming renewals and create mitigation plans.
  • Identify and negotiate upsell and cross-sell opportunities by aligning products to customer needs.
  • Deliver accurate renewal and expansion forecasts to the Renewal Director on a regular basis.
  • Update renewal notes in Sparta and review contract requests correctly.
  • Enhance product knowledge through onboarding and Darktrace Academy training.
  • Act as a commercial resource on renewal proposal calls.

Benefits

  • 100% coverage for medical, dental, and vision insurance, including dependents.
  • Paid parental leave to support new parents.
  • Discounts on pet insurance to promote pet care accessibility.
  • Life insurance for added security.
  • Commuter benefits to assist with travel expenses.
  • 401(k) plan for retirement savings.
  • Employee Assistance Program for personal support needs.
Full Job Description
Job Description:

In the Renewals Manager role you will be responsible for managing the renewal process for a portfolio of named accounts. Your primary goal will be to drive customer retention and expansion by ensuring timely renewals and identifying upsell opportunities. You will work closely with the Technical Success team and Sales teams to mitigate risks and deliver accurate forecasts. This role requires a strong understanding of customer needs, excellent communication skills, and the ability to work independently with some oversight.

Key Duties & Responsibilities
  • Manage a portfolio of existing customers to ensure on-time renewals and drive customer retention.
  • Collaborate with the Customer Success team to understand upcoming renewals and assess risk, developing mitigation plans for uncertain and at-risk deals.
  • Identify, nurture, and negotiate upsell and cross-sell opportunities by aligning our suite of products to customers' evolving use cases and needs.
  • Deliver accurate renewal and expansion forecasts to the Renewal Director on a weekly, monthly, and quarterly basis.
  • Ensure renewal notes are updated in Sparta and contract requests are reviewed correctly.
  • Use onboarding training and the Darktrace Academy to improve product knowledge.
  • Serve as a commercial resource to customers on renewal proposal calls.


Qualifications & Experience
  • 2-3 years of work experience in a role that encompasses Customer Success, Project Management, Business Development, Technical Account Management, Client Service, or Consulting.
  • Strong communication and presentation skills, with the ability to effectively communicate with senior business professionals across every industry vertical.
  • Familiarity with enterprise networking technology (preferred, not required) and a foundational understanding of cybersecurity concepts.
  • Strong time management skills, self-motivation, and the ability to work effectively as part of a team.
  • Ability to solve problems and adapt to changing circumstances.
  • Capability to make decisions proactively and independently within appropriate boundaries.
  • Salesforce experience preferred.

Benefits:
  • 100% medical, dental and vision insurance, plus dependents
  • Paid parental leave
  • Pet insurance Discount
  • Life insurance
  • Commuter benefits
  • 401(k)
  • Employee Assistance Program

As a growing business strengthening its governance and controls, this role plays a part in supporting high standards of integrity and accountability.

About Darktrace

Darktrace is a cybersecurity company that uses artificial intelligence and machine learning to detect and respond to cyber threats in real-time. The company was founded in 2013 by a group of mathematicians and former intelligence experts from MI5 and GCHQ. Darktrace's flagship product, the Enterprise Immune System, is a self-learning AI that can detect and respond to cyber threats across a range of industries, including finance, healthcare, and energy. The company has received numerous awards for its innovative approach to cybersecurity, and has been recognized as one of the fastest-growing technology companies in Europe.
Learn more about Darktrace
Size
1,200 employees
Industry
Founded
2013

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