At a Glance
- Tasks: Manage and sell software renewals while driving growth and improving customer retention.
- Company: Join Splunk, a leader in digital resilience, now part of Cisco, dedicated to securing organisations worldwide.
- Benefits: Enjoy a collaborative team culture, opportunities for growth, and a focus on work-life balance.
- Why this job: Be part of a passionate team that values success, learning, and making a positive impact.
- Qualifications: Experience in SaaS sales, strong communication skills, and a knack for building relationships are essential.
- Other info: Fluency in Hebrew is a plus; remote work options available from various locations.
The predicted salary is between 36000 - 60000 £ per year.
Our purpose is to build a safer and more resilient digital world. Every day, we live this purpose by helping SecOps, ITOps, and engineering teams keep their organizations securely up and running. In 2024, Splunk was acquired by Cisco to help customers continue to build resilience across their entire digital footprint. Today, many of the world’s largest and most complex organizations rely on Splunk to protect their mission-critical systems.
Digital resilience is a team effort. Let’s build it together.
Are you an upbeat Software Sales Management Professional, with deep knowledge of SaaS, Recurring Revenue and using Renewals to drive Growth? If so, we are looking for you to join our team!
This is a great opportunity to join us as we pursue our vision. We are a company filled with people who are passionate about our product and seek to deliver the best experience for our customers. We’re committed to our work, customers, having fun and most importantly to each other’s success.
The Splunk Renewals team in EMEA is a result driven and collaborative bunch. We love to work as a team, celebrate success and learn from our losses. We have an excellent team culture based on respect, transparency and always doing the right thing!
Role
As the Renewal Sales Representative, you will be responsible for managing & selling Term, Cloud and perpetual license renewals of Splunk\’s industry-leading software, working in close cooperation with Sales and Success Management teams to improve retention, minimize churn risk, and drive growth. You will have a consistent track record of success renewing Term Licences and/or Cloud Subscriptions, with growth, and in building beneficial, positive relationships with customers, the broader account management team, and channel partners.
This position carries a sales quota.
Location – UK, Lisbon – preferred but Italy and Spain may be considered.
Responsibilities
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Manage a sales territory (Israel – although there could be other countries also)) – carrying an individual renewal rate target in contract renewal and growth.
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Meet/exceed assigned renewal rate and retention targets
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Working on a rolling 4 quarter cycle, engaging with the broader account team, partners and customer health data to identify renewal risk, and partner on remedial actions aimed at securing an on-time renewal
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Identify expansion opportunities to generate additional revenue (upsell/cross-sell), driving those opportunities to closure and/or ensuring that the appropriate account management resources are engaged to maximize the opportunity
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Maintain accurate account, license, service contract, asset and entitlement records within salesforce.com and ongoing customer interaction through the available data sources (such as Tableau dashboards).
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Manage renewals from opportunity to invoice, understanding pricing and contractual obligations.
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Predictable Forecasting – Demonstrated success in predictably and consistently delivering monthly and quarterly forecasts through strong opportunity management.
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Pro-actively identifying issues that may impact a renewal, and engaging all available resources to resolve
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Track non-renewal, pending, and lost renewals including reasons for cancellation
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Support evolving operational processes aimed at improving renewal efficiency, effectiveness, accuracy and insight generated from renewals performance.
Requirements
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Sales or Renewals experience of working within a Software-as-a-Service (SaaS) organisation across a diverse customer base with a demonstrated ability to meet or exceed a sales target for retention and/or growth.
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Ability to create and communicate business value through data, networking, app dev, and analytics technology.
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C-level poised, confident executive presence and polish, and excellent listening skills.
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Collaborates cross-functionally to ensure adoption and lifetime value by aligning solutions to high priority customer initiatives, adoption, value realization, and ultimately high customer satisfaction.
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Expertise in team selling with sales, customer success, pre-sales, partners, and services.
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Experience in a sales function that includes both direct customer interaction and working within a channel sales model.
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Works jointly with the wider Account Team to accurately score the health of customers and to Identify and Mitigate renewal risk ahead of renewal date (4 quarters or more).
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Manage accounts by building and developing client relationships through personalised contact, understanding of client’s needs, probing for expanded opportunity and use cases and ability to communicate solution values of products & services
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Excellent organisational skills with the ability to prioritise tasks, take initiative and work proactively with minimal supervision.
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Attention to detail through data analysis, logical thinking and collaboration.
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Has a team mentality. Willing to grow and help other teammates grow by offering and accepting wisdom and help when needed.
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Have a strong product understanding, system knowledge and processes to manage a pipeline of opportunity.
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Fluency in oral and written English and fluency in Hebrew is desirable.
We value diversity at our company. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, or any other applicable legally protected characteristics in the location in which the candidate is applying.
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Renewals Sales Representative - Israel employer: Cisco Systems
Contact Detail:
Cisco Systems Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Renewals Sales Representative - Israel
✨Tip Number 1
Familiarise yourself with Splunk's products and services, especially their SaaS offerings. Understanding the nuances of their software will not only help you in conversations but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with current or former employees of Splunk to gain insights into the company culture and expectations for the Renewals Sales Representative role. This can provide you with valuable information that can set you apart during the interview process.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed renewals and driven growth in previous roles. Highlighting your track record will showcase your ability to meet the sales quota expected in this position.
✨Tip Number 4
Demonstrate your understanding of the Israeli market and its unique challenges. Tailoring your approach to reflect local knowledge can impress interviewers and show that you're ready to hit the ground running.
We think you need these skills to ace Renewals Sales Representative - Israel
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in SaaS and renewals. Use specific examples that demonstrate your success in meeting sales targets and building customer relationships.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with their mission of building a safer digital world and your experience in driving growth through renewals.
Showcase Relevant Skills: Emphasise your organisational skills, attention to detail, and ability to collaborate cross-functionally. Provide examples of how you've successfully managed renewals and identified expansion opportunities in previous roles.
Highlight Cultural Fit: Demonstrate your understanding of the company's culture by mentioning your team mentality and willingness to support colleagues. Share experiences where you contributed to a positive team environment or learned from challenges.
How to prepare for a job interview at Cisco Systems
✨Showcase Your SaaS Knowledge
Make sure to highlight your experience with Software-as-a-Service (SaaS) during the interview. Be prepared to discuss specific examples of how you've successfully managed renewals and driven growth in previous roles.
✨Demonstrate Relationship Building Skills
Since this role involves building beneficial relationships with customers and account management teams, share stories that illustrate your ability to connect with clients and understand their needs. This will show your potential employer that you can foster long-term partnerships.
✨Prepare for Data-Driven Discussions
As the role requires creating business value through data, brush up on your analytical skills. Be ready to discuss how you've used data to identify renewal risks and opportunities for upselling or cross-selling in the past.
✨Exhibit Team Collaboration
The Splunk Renewals team values collaboration, so be sure to express your willingness to work as part of a team. Share examples of how you've successfully collaborated with cross-functional teams to achieve common goals.