Darktrace

Renewals Manager

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

Qualifications

  • 2-3 years in Customer Success, Project Management, Business Development, or similar roles.
  • Excellent communication skills for interfacing with senior professionals.
  • Familiarity with enterprise networking technology is a plus.
  • Strong time management and self-motivation required.
  • Ability to problem-solve and adapt to change.
  • Proactive decision-making skills within set boundaries.
  • Salesforce experience is preferred.

Responsibilities

  • Manage customer renewals to drive retention.
  • Collaborate with Customer Success to assess renewal risks and develop mitigation strategies.
  • Identify and negotiate upsell opportunities aligning with customer needs.
  • Provide accurate renewal and expansion forecasts regularly.
  • Update renewal notes in the system and review contract requests.
  • Enhance product knowledge through training.
  • Act as a commercial resource during renewal proposal discussions.

Benefits

  • 100% coverage for medical, dental, and vision insurance for employees and dependents.
  • Paid parental leave offered.
  • Discounts available for pet insurance.
  • Life insurance coverage included.
  • Commuter benefits provided.
  • 401(k) plan options available.
  • Employee Assistance Program accessible.
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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