Full-Time

VP – Client Renewal Executive

Confirmed live in the last 24 hours

bswift

bswift

1,001-5,000 employees

Streamlines employee benefits and HR administration

Consulting
Education

Compensation Overview

$150k - $175kAnnually

+ Fringe Benefits + Potential Bonuses

Senior, Expert

Remote in USA

Category
Customer Success Management
Sales & Account Management
Required Skills
Salesforce
Data Analysis
Requirements
  • 15+ years of experience in benefits administration, contract management, or related field, with strong track record in client relations and contract negotiations
  • Bachelor’s degree in business, Human Resources, or a related field (advanced degrees or certifications are preferred)
  • Proven experience in contracts management and execution, particularly with executive-level contacts, in the benefits administration domain
  • In-depth knowledge of employee benefits programs, regulations, and industry trends.
  • Excellent communication, negotiation, and presentation skills to interact effectively with executive contacts
  • Strong strategic thinking and problem-solving abilities to address complex client needs
  • Analytical skills to assess data and make data-driven decisions
  • Ability to collaborate with cross-functional teams and manage multiple client contract renewals simultaneously
Responsibilities
  • Oversee the end-to-end process of contract renewals, including preparation, negotiation, and execution
  • Review existing contracts and work with internal leadership to assess client needs to propose appropriate adjustments, enhancements and new service(s)
  • Ensure all contractual terms meet client requirements and bswift company standards
  • Negotiate contract terms, pricing, and service levels with clients to ensure mutual satisfaction and compliance
  • Collaborate with internal teams (e.g., legal, finance, operations) to align on contract terms and conditions
  • Review contract performance (e.g., KPIs, FTEs, service utilization) and identify areas for improvement
  • Analyze contract performance metrics and implement strategies for optimization
  • Ensure contracts are renewed timely according to bswift client governance process
  • Provide renewal status report-outs to internal leadership via ongoing meetings and Salesforce reporting tools
  • Achieve high client retention rates through effective contract renewal execution and management
  • Meet or exceed renewal targets and revenue goals
  • Develop and execute strategies to enhance client satisfaction and retention
  • Identify opportunities for additional services or enhancements
  • Stay informed about industry trends, regulatory changes, and competitive benefits administration landscape
  • Apply industry knowledge to advise clients on best practices and potential improvements as part of contract renewal process
  • Ensure all contracts and related documentation are accurate, complete, and compliant with bswift company policies and legal requirements
  • Maintain organized records of contract negotiations, renewals, and amendments

bswift specializes in simplifying employee benefits and HR payroll administration for employers in the United States. The company provides a range of services that help businesses manage their employee benefits programs effectively, including benefits enrollment and management. bswift serves a variety of clients, from small businesses to large corporations, focusing on helping them understand and maximize the value of their benefits offerings. Their business model includes charging fees for services, which can be structured as subscriptions or per-employee fees. A key aspect of bswift's approach is their commitment to client engagement and thought leadership, as they host virtual events and offer resources to assist clients in navigating benefits administration. Overall, bswift aims to be a comprehensive partner in the HR and benefits administration market, ensuring smooth and efficient management of employee benefits.

Company Stage

Acquired

Total Funding

$49.6M

Headquarters

Chicago, Illinois

Founded

1996

Growth & Insights
Headcount

6 month growth

44%

1 year growth

44%

2 year growth

44%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by Francisco Partners could provide bswift with additional resources and strategic direction to fuel growth and innovation.
  • The addition of industry veteran Amit Jain as COO brings experienced leadership that could drive operational efficiencies and enhance service delivery.
  • bswift's expanded communication solutions through the acquisition of Davis & Company can lead to higher client satisfaction and retention.

What critics are saying

  • Integration challenges with Davis & Company could divert focus and resources, potentially impacting service quality.
  • Dependence on virtual solutions, while currently advantageous, may pose risks if client preferences shift back to in-person interactions post-pandemic.

What makes bswift unique

  • bswift's acquisition of Davis & Company enhances its internal communication capabilities, setting it apart from competitors who may not offer such comprehensive communication solutions.
  • Their full-service model, which includes benefits enrollment, management, and HR payroll administration, provides a one-stop solution for employers, unlike competitors who may specialize in only one area.
  • bswift's strong emphasis on thought leadership and client engagement through virtual events and resources positions it as a trusted advisor in the HR and benefits administration market.

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