Mid Market Account Executive in London
Mid Market Account Executive

Mid Market Account Executive in London

London Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Drive new business by building your own pipeline and closing complex deals.
  • Company: Join Elastic, a leading Search AI company trusted by Fortune 500 companies.
  • Benefits: Enjoy competitive pay, health coverage, flexible schedules, and generous vacation days.
  • Why this job: Make an impact in the tech world while mastering complex deal cycles.
  • Qualifications: 5+ years of SaaS sales experience with a proven track record in closing deals.
  • Other info: Embrace diversity and enjoy a supportive, inclusive work culture.

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.

What Is The Role

Elastic is looking for a high-energy Commercial Account Executive to drive new logos within 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. We are looking for true hunters who can develop accounts from scratch selling the value proposition Elastic offers to new customers. 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!

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 candidate_accessibility@elastic.co. We will reply to your request within 24 business hours of submission.

Mid Market Account Executive in London employer: Elastic

Elastic is an exceptional employer that champions a diverse and inclusive work culture, offering competitive pay and comprehensive health coverage for employees and their families. With flexible working arrangements and generous vacation policies, Elastic empowers its team members to balance their professional and personal lives while fostering growth through collaborative partnerships and a commitment to community service. Join us in a dynamic environment where your contributions directly impact the future of Search AI.
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Contact Detail:

Elastic Recruiting Team

StudySmarter Expert Advice đŸ€«

We think this is how you could land Mid Market Account Executive in London

✹Tip Number 1

Get to know the company inside out! Research Elastic's products, values, and recent news. This will help you tailor your conversations and show that you're genuinely interested in what they do.

✹Tip Number 2

Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to referrals.

✹Tip Number 3

Practice your pitch! Be ready to explain how your skills align with the role of Mid Market Account Executive. Use examples from your past experiences to demonstrate your value.

✹Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the Elastic team.

We think you need these skills to ace Mid Market Account Executive in London

Sales Execution
Pipeline Development
Outbound Cadence
Deep Discovery
Qualification Skills
Value Storytelling
Live Demos
Forecast Accuracy
Executive Negotiation
Contract Management
Technical Fluency
Cloud Economics
Cross-Functional Collaboration
SaaS Sales Experience
Open Source Enthusiasm

Some tips for your application đŸ«Ą

Show Your Passion for Search AI: When you're writing your application, let your enthusiasm for Search AI shine through! We want to see how you connect with our mission and how you can contribute to helping businesses unlock their potential.

Tailor Your Experience: Make sure to highlight your relevant experience in SaaS and complex deal closures. We love seeing how your past successes align with what we’re looking for in a Mid Market Account Executive!

Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so make sure your skills and achievements are easy to spot. Remember, less is often more!

Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!

How to prepare for a job interview at Elastic

✹Know Your Territory Inside Out

Before the interview, make sure you research the specific territory you'll be managing. Understand the key players, market trends, and potential challenges. This will not only show your initiative but also help you tailor your approach to the role.

✹Master the MEDDPICC Framework

Since this role requires deep discovery and qualification skills, brush up on the MEDDPICC framework. Be ready to discuss how you've used it in past roles to identify pain points and decision criteria, ensuring you chase only the highest-confidence deals.

✹Craft Your Value Story

Prepare a compelling narrative that connects Elastic’s capabilities to real business outcomes. Think about how you can demonstrate the value of search AI in terms of cost savings or revenue generation. Practice delivering this story clearly and confidently.

✹Showcase Your Negotiation Skills

Be prepared to discuss your negotiation strategies and past successes in closing high-stakes deals. Highlight how you've structured give/get trades and secured executive buy-in, as this will be crucial for landing multi-year contracts.

Mid Market Account Executive in London
Elastic
Location: London
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  • Mid Market Account Executive in London

    London
    Full-Time
    36000 - 60000 ÂŁ / year (est.)
  • E

    Elastic

    1000+
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