Smartsheet

Sr. Principal Customer Risk & Retention Strategy Manager

Smartsheet$175K — $240K *
Enterprise Technology
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years of experience in Customer Success, Sales, Sales Operations, Account Management, or related SaaS fields
  • 5+ years in people and/or program management roles
  • Bachelor's degree required; MBA preferred
  • Proven track record in retention strategy within SaaS, with experience reducing churn
  • Strong analytical skills and experience with predictive modeling and health scoring
  • Expertise in designing customer health scores and risk frameworks
  • Hands-on experience developing churn mitigation playbooks and workflows

Responsibilities

  • Lead customer retention programs identifying and addressing at-risk customers
  • Design churn forecasting models with Data Science and Revenue Operations
  • Conduct churn analysis and create high-impact mitigation strategies
  • Develop predictive customer health scoring frameworks embedded in workflows
  • Automate risk mitigation processes to enhance renewal efficiency
  • Launch field-ready programs and playbooks for consistent execution across teams

Benefits

  • Employer subsidized medical, vision, and dental coverage
  • 401k match for future savings
  • Monthly productivity stipend
  • Flexible Time Away Program with Sick Time Off
  • Automatic coverage under life and disability insurance
  • 12 paid holidays annually
  • Up to 24 weeks of parental leave
  • Personal paid Volunteer Day
  • Professional growth opportunities through Udemy courses
  • Company funded perks including counseling membership and retail discounts
  • Teleworking options from any registered U.S. location
Full Job Description
We are looking for a Sr. Principal Customer Risk & Retention Strategy Manager to join Smartsheet's Customer Excellence team. In this role, you will lead a portfolio of targeted retention programs, including key account motions, that complement Customer Excellence's efforts to identify, forecast, and mitigate customer churn. You will partner closely with Customer Excellence, Product, Revenue Operations, and Data Science. This is a highly visible role with direct impact on Gross and Net Revenue Retention, shaping how Smartsheet proactively manages customer risk at scale. The opportunity is ideal for a strategic operator who thrives at the intersection of data, customer lifecycle strategy, and cross-functional execution. This is a remote eligible position and you may work remotely from anywhere in the US where Smartsheet is registered. You Will: - Lead a portfolio of customer retention programs , defining how at-risk customers are identified, prioritized, and addressed across the customer lifecycle - Design and operationalize churn forecasting and predictive risk models in partnership with Data Science and Revenue Operations to enable proactive retention actions - Lead churn analysis and root cause identification, translating insights into targeted, high-impact mitigation programs and playbooks - Build and evolve customer health scoring frameworks that are predictive, actionable, and embedded into Customer Excellence and renewal workflows - Scale risk mitigation through automation and process design, improving renewal journeys, cash-to-close efficiency, and consistency of execution across teams - Design and launch practical, field-ready risk mitigation programs, including playbooks, workflows, and intervention models that Customer Excellence and renewal teams can execute consistently at scale You Have: - 15+ years of experience in Customer Success, Sales, Sales Operations, Account Management or related experience in a SaaS - 5+ years experience in people and/or program management - Bachelor's degree, MBA preferred - Willing to travel periodically for onsites and key meetings - Deep experience in retention strategy within a SaaS environment, with demonstrated ownership of churn reduction initiatives - Strong analytical and forecasting expertise, including experience partnering with Data Science teams on predictive modeling, health scoring, and churn forecasting - Proven track record leading large, cross-functional programs from strategy through execution with measurable impact on retention metrics (GRR, NRR) - Expertise designing and operationalizing customer health scores and risk frameworks that drive consistent, proactive action by customer-facing teams - Strong understanding of SaaS customer lifecycle economics, including renewals, expansion, risk signals, and retention levers across segments - Hands-on experience building and operationalizing churn mitigation playbooks and programs, translating insights into repeatable workflows, clear ownership models, and measurable outcomes Current US Perks & Benefits: - Employer subsidized medical/vision and dental coverage for full-time employees - 401k Match to help you save for your future (50% of your contribution up to the first 6% of your eligible pay) - Monthly stipend to support your work and productivity - Flexible Time Away Program, plus Sick Time Off - US employees are automatically covered under Smartsheet-sponsored life insurance, short-term, and long-term disability plans - US employees receive 12 paid holidays per year - Up to 24 weeks of Parental Leave - Personal paid Volunteer Day to support our community - Opportunities for professional growth and development including access to Udemy online courses - Company Funded Perks, including a counseling membership, local retail discounts, and your own personal Smartsheet account - Teleworking options from any registered location in the U.S. (role specific) Smartsheet provides a competitive base salary range for roles that may be hired in different geographic areas we are licensed to operate our business from. Actual compensation is determined by several factors including, but not limited to, level of professional, educational experience, skills, and specific candidate location. In addition, this role will be eligible for a market competitive incentive opportunity. US Base Salary Pay Range $175,000-$240,000 USD

About Smartsheet

Smartsheet is a software as a service (SaaS) company that provides businesses with collaboration and work management tools. The company's platform allows teams to manage and automate workflows, projects, and processes. Smartsheet's software is used by over 90% of the Fortune 100 companies and has over 15 million registered users. The company was founded in 2005 and is headquartered in Bellevue, Washington.
Learn more about Smartsheet
Size
2,539 employees
Market Cap
$4.9 billion
Industry
Net Income
-$114.4 million
Founded
2005
5 Year Trend
+52.4%
Revenue
$354.1 million
NASDAQ

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