Commercial Account Executive
Commercial Account Executive

Commercial Account Executive

London Full-Time 36000 - 60000 ÂŁ / year (est.) Home office possible
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At a Glance

  • Tasks: Drive revenue growth by managing key commercial accounts and closing complex deals.
  • Company: Join Elastic, a leading Search AI company trusted by over 50% of Fortune 500 companies.
  • Benefits: Enjoy flexible work schedules, competitive pay, generous vacation days, and health coverage for you and your family.
  • Why this job: Be part of a dynamic team that values diversity and empowers you to make an impact.
  • Qualifications: 5+ years in SaaS sales with proven success in closing enterprise deals and strong negotiation skills.
  • Other info: We celebrate different perspectives and offer a supportive environment for all individuals.

The predicted salary is between 36000 - 60000 ÂŁ per year.

Elastic, the Search AI Company, enables everyone to find the answers they need in real time, using all their data, at scale — unleashing the potential of businesses and people. The Elastic Search AI Platform, used by more than 50% of the Fortune 500, brings together the precision of search and the intelligence of AI to enable everyone to accelerate the results that matter. By taking advantage of all structured and unstructured data — securing and protecting private information more effectively — Elastic’s complete, cloud-based solutions for search, security, and observability help organizations deliver on the promise of AI.

What Is The Role
Elastic, the Search AI company, is looking for a high-energy Commercial Account Executive to drive net-new revenue and expansion within key Commercial accounts. You’ll be the owner of a defined territory where you’ll build your own pipeline, tell the Elastic Search AI story, and close complex, multi-stakeholder deals in a consumption-based model. This role sits at the intersection of sales execution, technical fluency, and cross-functional collaboration—and is critical to our growth in the commercial segment.

What You Will Be Doing

  • Own your territory & build pipeline: Develop and execute a proactive outbound cadence (email, call, social) that generates ≄50 % of your booked opportunities.

  • Deep discovery & qualification: Uncover pain, business impact, budget, and decision criteria using frameworks like MEDDPICC so you chase only the highest-confidence deals.

  • Value storytelling & demos: Craft and deliver tailored narratives and live demos that map Elastic’s Search, Observability, and Security capabilities to measurable business outcomes.

  • Mutual deal strategy & forecast accuracy: Collaborate with customers to build formal close plans and keep your CRM up-to-date, maintaining ≄90 % forecast accuracy within ±10 %.

  • Executive negotiation & closing: Lead high-stakes contract and pricing discussions—defend your value, structure give/get trades, and land multi-year consumption commitments.

  • Domain & cloud acumen: Position Elastic as the Search AI platform of choice by speaking fluently about cloud economics, usage-based pricing, and modern data architectures.

  • Cross-functional partnership: Work hand-in-glove with Solutions Architects, Customer Success, Marketing, and RevOps to accelerate deals and drive exceptional customer outcomes.

What You Bring

  • Proven SaaS quota‐carrying success: 5+ years closing complex Enterprise deals, consistently overachieving targets in a consumption-based or usage-model environment.

  • Expert discovery & qualification skills: Demonstrated ability to apply MEDDPICC or equivalent frameworks to drive disciplined pipeline and eliminate low-probability deals.

  • Compelling value storytellers: Track record of delivering executive-level presentations and demos that tie product capabilities to real dollars saved, revenue gained, or risk mitigated.

  • Strong negotiation chops: History of landing multi-year, high-ACV contracts while protecting margin and securing executive stakeholder buy-in.

  • Technical & cloud fluency: Comfortable discussing a broad range of technical topics including observability, security, vector/traditional search, and cloud cost optimization.

  • Collaborative mindset & coachability: A learner who partners effectively with internal teams, incorporates feedback, and embodies Elastic’s values of community and openness.

  • Open Source enthusiasm: Genuine appreciation for open-source communities and the Elastic model—bonus if you’ve sold or advocated in an OSS context.

Bonus Points

  • Prior experience at an open-source or developer‐centric infrastructure company.

  • Familiarity with observability (logs, metrics, traces) or security analytics (SIEM/XDR) use cases.

If you’re driven to build your own pipeline, master complex deal cycles, and help customers unlock the power of Search AI, we’d love to talk. Apply today!

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Additional Information – We Take Care of Our People

As a distributed company, diversity drives our identity. Whether you’re looking to launch a new career or grow an existing one, Elastic is the type of company where you can balance great work with great life. Your age is only a number. It doesn’t matter if you’re just out of college or your children are; we need you for what you can do.

We strive to have parity of benefits across regions and while regulations differ from place to place, we believe taking care of our people is the right thing to do.

  • Competitive pay based on the work you do here and not your previous salary
  • Health coverage for you and your family in many locations
  • Ability to craft your calendar with flexible locations and schedules for many roles
  • Generous number of vacation days each year
  • Increase your impact – We match up to $2000 (or local currency equivalent) for financial donations and service
  • Up to 40 hours each year to use toward volunteer projects you love
  • Embracing parenthood with minimum of 16 weeks of parental leave

Different people approach problems differently. We need that. Elastic is an equal opportunity employer and is committed to creating an inclusive culture that celebrates different perspectives, experiences, and backgrounds. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, pregnancy, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, disability status, or any other basis protected by federal, state or local law, ordinance or regulation.

We welcome individuals with disabilities and strive to create an accessible and inclusive experience for all individuals. To request an accommodation during the application or the recruiting process, please email .We will reply to your request within 24 business hours of submission.

Applicants have rights under Federal Employment Laws, view posters linked below: Family and Medical Leave Act (FMLA) Poster; Pay Transparency Nondiscrimination Provision Poster; Employee Polygraph Protection Act (EPPA) Poster and Know Your Rights (Poster)

Elasticsearch develops and distributes encryption software and technology that is subject to U.S. export controls and licensing requirements for individuals who are located in or are nationals of the following sanctioned countries and regions: Belarus, Cuba, Iran, North Korea, Russia, Syria, the Crimea Region of Ukraine, the Donetsk People’s Republic (“DNR”), and the Luhansk People’s Republic (“LNR”). If you are located in or are a national of one of the listed countries or regions, an export license may be required as a condition of your employment in this role. Please note that national origin and/or nationality do not affect eligibility for employment with Elastic.

Please seehere for our Privacy Statement.

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Commercial Account Executive employer: Elastic

Elastic is an exceptional employer that champions a culture of inclusivity and flexibility, allowing employees to balance their professional and personal lives effectively. With competitive pay, comprehensive health coverage, generous vacation days, and a commitment to employee growth through volunteer opportunities and parental leave, Elastic fosters an environment where diverse perspectives are valued and innovation thrives. Join us in a dynamic role as a Commercial Account Executive, where you can make a significant impact while working with cutting-edge technology in a supportive and collaborative atmosphere.
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Contact Detail:

Elastic Recruiting Team

StudySmarter Expert Advice đŸ€«

We think this is how you could land Commercial Account Executive

✹Tip Number 1

Familiarise yourself with Elastic's products and services, especially their Search AI platform. Understanding how they integrate search, security, and observability will help you articulate their value to potential clients during discussions.

✹Tip Number 2

Network with current or former employees of Elastic on platforms like LinkedIn. Engaging in conversations about their experiences can provide insights into the company culture and expectations, which can be invaluable during interviews.

✹Tip Number 3

Brush up on your negotiation skills, particularly in a SaaS context. Being able to demonstrate your ability to close complex deals and defend your value proposition will set you apart from other candidates.

✹Tip Number 4

Prepare to discuss your experience with frameworks like MEDDPICC. Being able to showcase your expertise in discovery and qualification will highlight your suitability for the role and your understanding of the sales process.

We think you need these skills to ace Commercial Account Executive

SaaS Sales Experience
Pipeline Development
MEDDPICC Framework Proficiency
Value Proposition Articulation
Executive Presentation Skills
Negotiation Skills
Contract Management
Technical Fluency in Cloud Solutions
Understanding of Observability and Security Analytics
Cross-Functional Collaboration
Customer Relationship Management (CRM) Proficiency
Adaptability and Coachability
Open Source Knowledge
Business Acumen

Some tips for your application đŸ«Ą

Tailor Your CV: Make sure your CV highlights your experience in SaaS sales, particularly focusing on your success in closing complex Enterprise deals. Use metrics to demonstrate how you've consistently overachieved targets in a consumption-based environment.

Craft a Compelling Cover Letter: In your cover letter, tell your story. Explain why you're passionate about Elastic's mission and how your skills align with the role of Commercial Account Executive. Mention your familiarity with frameworks like MEDDPICC and your ability to deliver compelling value narratives.

Showcase Technical Fluency: Highlight your technical knowledge in your application. Discuss your comfort with topics such as observability, security, and cloud economics. This will show that you can speak fluently about Elastic’s offerings and their relevance to potential clients.

Demonstrate Collaborative Mindset: Emphasise your ability to work cross-functionally. Provide examples of how you've partnered with internal teams in previous roles to drive exceptional customer outcomes. This aligns with Elastic's values and shows you can thrive in their collaborative environment.

How to prepare for a job interview at Elastic

✹Know Your Territory

Before the interview, research the specific territory you'll be managing. Understand the key players, market trends, and potential challenges in that area. This will help you demonstrate your proactive approach and readiness to build a pipeline.

✹Master the MEDDPICC Framework

Familiarise yourself with the MEDDPICC framework as it's crucial for uncovering pain points and decision criteria. Be prepared to discuss how you've successfully applied this or similar frameworks in past roles to qualify leads and close deals.

✹Craft Compelling Value Stories

Prepare to articulate how Elastic's solutions can deliver measurable business outcomes. Think of specific examples from your experience where you've tied product capabilities to financial benefits, showcasing your ability to tell a compelling value story.

✹Showcase Technical Fluency

Brush up on your knowledge of cloud economics, observability, and security analytics. Be ready to discuss these topics fluently, as they are essential for positioning Elastic as the go-to Search AI platform during your interview.

Commercial Account Executive
Elastic
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