Renewals Manager in London

Renewals Manager in London

London Full-Time 56700 - 69300 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Drive renewal processes for strategic customers and maximise value through collaboration.
  • Company: Join Box, a leader in Intelligent Content Management, transforming how businesses work.
  • Benefits: Enjoy 25 days vacation, free lunches, wellness programs, and a vibrant office culture.
  • Other info: Work in a diverse environment that values unique experiences and community collaboration.
  • Why this job: Be at the forefront of AI-driven content management and make a real impact.
  • Qualifications: 5+ years in B2B sales or account management with strong negotiation skills.

The predicted salary is between 56700 - 69300 £ per year.

Box (NYSE:BOX) is the leader in Intelligent Content Management. Our platform enables organizations to fuel collaboration, manage the entire content lifecycle, secure critical content, and transform business workflows with enterprise AI. We help companies thrive in the new AI-first era of business. Founded in 2005, Box simplifies work for leading global organizations, including JLL, Morgan Stanley, and Nationwide. Box is headquartered in Redwood City, CA, with offices across the United States, Europe, and Asia.

By joining Box, you will have the unique opportunity to continue driving our platform forward. Content powers how we work. It’s the billions of files and information flowing across teams, departments, and key business processes every single day: contracts, invoices, employee records, financials, product specs, marketing assets, and more. Our mission is to bring intelligence to the world of content management and empower our customers to completely transform workflows across their organizations.

Box renews thousands of customers and hundreds of millions of dollars of subscriptions each year. For our largest and most-strategic customers, the renewal period is to re-entrench our position and drive for customer expansion. Box needs you to drive the renewal process for some of our largest and most-strategic customers, working in collaboration with the Sales and Customer Success team to maximize value to the customer and revenue to Box. This includes driving the renewal strategy, customer communication, negotiation, preparing of pricing options, identifying expansion opportunities, revisions to terms and conditions, preparing quotes, and obtaining contract signatures.

WHAT YOU'LL DO

  • Engage with Box’s most strategic customers to ensure they have a seamless renewal experience and realise the current and future value they receive from the content cloud.
  • Manage approx 100 customer renewals per year.
  • Engage in consultative discovery conversations to uncover account expansion opportunities, solidify current product investments, and negotiate multi-year subscription opportunities.
  • Coordinate across an internal set of multi-functional stakeholders such as accounting/finance, professional services, account executives, customer success, channel management, legal, and the deal desk to ensure maximum revenue is achieved within the renewal event.
  • Create proposals, prepare contracts, and drive full agreement to closure.
  • Accurately forecast renewal outcomes on a monthly and quarterly basis in SFDC.

WHO YOU ARE

  • We are an AI-first company. This means you approach your work with a growth mindset and find ways to leverage AI to help make faster, smarter decisions that will 10X your impact at Box.
  • Experience negotiating $100k - $1M deals with complex commercial terms while navigating internal stakeholder requirements.
  • 5+ years B2B Enterprise Sales, Renewals, Enterprise Account Management, Procurement/contracting experience, or an equivalent customer facing role.
  • Experience with consumption based pricing models (AI units, API calls) or variable demand models is a big advantage.
  • Ability to make thought out decisions in the spirit of the strategic direction of Box while meeting the needs of supporting internal teams.
  • Strong oral and written communication skills.
  • Ability to acquire an understanding of the general functions of other divisions and their role in assisting with Renewals.

Box lives its values, with community and in-person collaboration being a core part of our culture. Boxers are expected to work from their assigned office a minimum of 3 days per week. Your Recruiter will share more about how we work and company culture during the hiring process. At Box, we believe unique and diverse experiences benefit our culture, our products, our customers, our company, and our world. We aim to recruit a passionate, high-performing workforce that reflects the world we live in. If you are head-over-heels about this role but unsure if you meet all the requirements, we encourage you to apply!

BENEFITS

  • Box Benefits package includes pension, medical and dental coverage.
  • We have a robust wellness program including 25 days of vacation (plus your birthday off!) and subsidised gym membership.
  • There is such a thing as a free lunch, you can order from a daily menu along with lots of snacks and drinks.
  • EMEA HQ office is located in the impressive White Collar Factory on Old Street; and other European offices in Paris, Munich, Amsterdam, and Warsaw.

EQUAL OPPORTUNITY

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, disability, and any other protected ground of discrimination under applicable human rights legislation.

Renewals Manager in London employer: Box

Box is an exceptional employer that fosters a collaborative and innovative work culture, particularly in its EMEA headquarters located in the vibrant White Collar Factory on Old Street. Employees benefit from a comprehensive package that includes generous vacation time, wellness programs, and a supportive environment that encourages personal and professional growth. With a strong focus on community and teamwork, Box empowers its employees to thrive in their roles while contributing to the transformative impact of AI in content management.

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Contact Details:

Box Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Renewals Manager in London

✨Leverage Your Network

In sales and business development, who you know can often be as important as what you know. Get involved with local networking events or industry meetups to connect with key players. Don't be shy—share your passion for the field and let folks know you're on the lookout for opportunities!

✨Show Your Skills Through Real-World Results

When targeting a full-time role like Renewals Manager at Box, presenting tangible results from your previous sales experience can set you apart. Bring along case studies or examples of how you've closed deals or expanded accounts, and don't forget to showcase your problem-solving prowess. It’s all about quantifying your success!

✨Engage with Sales Communities

Dive deep into online sales communities, like Sales Hacker or LinkedIn groups dedicated to sales professionals. Engaging in discussions and sharing insights can boost your visibility and might just put you on the radar of hiring managers looking for fresh talent in business development.

✨Direct Applications Matter

While we all know the online application route, consider sending direct applications to companies you admire, including Box. Tailor your message to explain why you’re drawn to them and how you can contribute as a Renewals Manager. Sometimes, a personal touch can grab attention faster than a generic application!

We think you need these skills to ace Renewals Manager in London

Negotiation Skills
Customer Relationship Management
B2B Enterprise Sales
Account Management
Contract Preparation
Proposal Creation
Forecasting

Some tips for your application 🫡

Show Off Those Sales Skills:In your CV and cover letter, highlight any previous sales or business development experience you have. Use numbers and examples to showcase your achievements – did you exceed sales targets or bring in new clients? Make those accomplishments shine!

Tailor Your Message for Box:When writing your cover letter, make sure to tailor your message specifically for Box. Show that you know the company’s mission and how your skills align with their goals in the sales landscape. This personalised touch will grab their attention!

Keep It Professional Yet Engaging:Sales is all about relationships, so while you want to maintain professionalism in your application, don’t be afraid to let your personality shine through. Engage the reader and demonstrate your enthusiastic approach to sales and business development!

Proof of Performance:Include any relevant certifications or training you’ve undertaken in sales or negotiation tactics. If you’ve attended workshops or courses, list these to showcase your commitment to professional development. This extra touch can set you apart from the competition!

How to prepare for a job interview at Box

✨Know Your Sales Methodologies

Brush up on popular sales methodologies like SPIN Selling or Challenger Sales. Being able to discuss these techniques and how you've applied them will show Box that you understand the role and can hit the ground running in the sales game.

✨Demonstrate Your Deal-Making Skills

Prepare to share stories from your past experiences where you closed deals, overcame objections, or started new client relationships. We want to show Box that you’re not just about numbers but also about building lasting connections in business development.

✨Prepare for Role-Play Scenarios

In a full-time sales interview, don’t be surprised if they throw in a role-play exercise to test your pitching skills. Practising how you would pitch a product or handle an objection will help us shine in this simulation—think of it like a dress rehearsal for your future sales calls!

✨Align Your Goals with the Company’s Vision

Take a moment to reflect on how your career ambitions align with Box’s objectives. When we articulate how our personal growth ties in with the company’s goals, it shows commitment and a genuine interest in contributing to their success.