Full-Time

Renewals Account Manager

Posted on 1/11/2025

HashiCorp

HashiCorp

1,001-5,000 employees

Automates multi-cloud and hybrid infrastructure management

Data & Analytics
Enterprise Software
Cybersecurity

Compensation Overview

$86.3k - $101.5kAnnually

Senior

Remote in USA

Category
Customer Success Management
Sales & Account Management
Required Skills
Sales
Customer Service
Requirements
  • 5+ years demonstrated success in a Renewal Account Management and/or Customer Success capacity.
  • Experience leading customer retention and adoption for both On Prem & SaaS accounts/territories.
  • Advanced proficiency with contract renewal processes.
  • Initiative-taking approach with strong attention to detail, time management and organization.
  • Ability to perform under pressure
  • Team player mindset with a track record of building positive relationships with peers and cross-functional partners.
  • Top-notch customer management skills; including sales, account management, and customer service.
  • Creative problem-solving skills taking personal initiative to identify areas of process improvement and efficiency.
  • Demonstrated strong work ethic and consistent quota achievement.
  • Impressive written and verbal communication skills
  • Deep knowledge and expertise with both On Prem & SaaS models focused on enterprise software preferred.
Responsibilities
  • Negotiate all facets of renewal contracts using sound business judgment. Develop and deliver win/win negotiation strategies that maximize contract value while protecting and enhancing the customer relationship and the value they are realizing from HashiCorp.
  • Develop and maintain precise renewal forecasts by collaborating closely with Sales teams, identifying risks early, and implementing solutions to ensure alignment on renewal strategies and the achievement of key business metrics.
  • Identify customer needs and demonstrate solid account management capabilities to drive on-time renewal closure.
  • Maintain a good comprehension of HashiCorp licensing models to provide both sales and customers assistance in licensing discussions.
  • Monitor customer health metrics to proactively identify and communicate risks. Work cross functionally to develop risk mitigation strategies and drive appropriate actions with partner teams.
  • Work with wider team to provide regular and accurate updates on renewal status to management and advance as appropriate.
  • Engage customers in conversations around renewal readiness, timing and general customer needs.
  • Connect with customers on multi-year contracts via direct and indirect communication to ensure continued involvement and customer value realization.
  • Create and present renewal proposal(s) and options to customers and advise customers of upcoming contract expiration.
  • Work with Legal, Deals Desk and Sales Operations to resolve complex issues regarding approval and finalization of executable order form.
  • Partner with our Customer Success organization to review customer value achievement in order to achieve customer product adoption and high utilization.

HashiCorp specializes in cloud infrastructure and security management, providing tools that help organizations automate and manage their operations across multiple cloud platforms and on-premises data centers. Their products enable businesses to efficiently set up, maintain, and secure their cloud resources while ensuring compliance with regulations. HashiCorp stands out from competitors by offering both open-source and enterprise versions of its products, allowing a wide range of users to access their tools. The company aims to help organizations optimize their cloud spending and effectively manage their infrastructure, addressing the challenges that come with the growing shift to cloud services.

Company Stage

IPO

Total Funding

$339.5M

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for IaC tools boosts HashiCorp's market potential.
  • Recent investments indicate strong investor confidence in HashiCorp.
  • Transparent Sessions in Boundary enhance security, attracting enterprise clients.

What critics are saying

  • IBM's acquisition may lead to uncertainty about Terraform's open-source status.
  • UK's CMA investigation could delay IBM's acquisition of HashiCorp.
  • Developer unrest over licensing changes may impact HashiCorp's community support.

What makes HashiCorp unique

  • HashiCorp excels in multi-cloud and hybrid environment management solutions.
  • The company offers both open-source and enterprise versions of its products.
  • HashiCorp's tools like Terraform and Vault are industry standards in cloud infrastructure.

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Benefits

Medical, dental & vision

Life & disability insurance

Flexible spending account (FSA)

Vacation and Other Leaves

401(k)

Family Expansion Benefit

Maternity and Parental Leave

Expanded Mental Health Support