Commercial Account Executive
Commercial Account Executive

Commercial Account Executive

London Full-Time 36000 - 60000 ÂŁ / year (est.) Home office (partial)
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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 options, competitive pay, generous vacation days, and health coverage.
  • Why this job: Be part of a dynamic team that values innovation, collaboration, and personal growth.
  • Qualifications: 5+ years in SaaS sales with proven success in closing enterprise deals.
  • Other info: Diversity is key at Elastic; we welcome applicants from all backgrounds.

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.

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Commercial Account Executive employer: Referral Board

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 a strong emphasis on employee growth, Elastic provides flexible working arrangements, generous vacation days, and opportunities for community engagement through volunteer projects, making it an ideal place for those looking to balance meaningful work with personal life.
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Contact Detail:

Referral Board 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 leverage data for search, security, and observability will help you articulate your value during conversations.

✹Tip Number 2

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

✹Tip Number 3

Prepare to discuss your experience with complex sales cycles and how you've successfully closed high-value contracts. Be ready to share specific examples that demonstrate your negotiation skills and ability to drive revenue.

✹Tip Number 4

Showcase your understanding of cloud economics and usage-based pricing models. Being able to speak fluently about these topics will position you as a knowledgeable candidate who can effectively communicate Elastic's value proposition.

We think you need these skills to ace Commercial Account Executive

Proven SaaS sales experience
Expertise in MEDDPICC or similar qualification frameworks
Strong value storytelling and presentation skills
Negotiation skills for high-stakes contracts
Technical fluency in cloud economics and data architectures
Ability to build and manage a sales pipeline
Cross-functional collaboration skills
Experience with consumption-based pricing models
Understanding of observability and security analytics
Ability to deliver tailored product demonstrations
Strong communication skills
Adaptability and coachability
Open-source community engagement

Some tips for your application đŸ«Ą

Tailor Your CV: Make sure your CV highlights relevant experience in SaaS sales and showcases your success in closing complex deals. Use metrics to demonstrate your achievements, such as percentage of targets exceeded or revenue generated.

Craft a Compelling Cover Letter: In your cover letter, tell a story that connects your past experiences with the responsibilities of the Commercial Account Executive role. Emphasise your understanding of Elastic's products and how you can contribute to their growth.

Showcase Technical Fluency: Demonstrate your technical knowledge in your application. Discuss your familiarity with cloud economics, observability, and security analytics, as these are crucial for the role at Elastic.

Highlight Collaboration Skills: Mention any experiences where you've successfully worked with cross-functional teams. This will show your ability to collaborate effectively, which is essential for the position at Elastic.

How to prepare for a job interview at Referral Board

✹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 deep discovery and qualification. Be prepared to discuss how you've used this or similar frameworks in past roles to identify high-confidence deals and eliminate low-probability ones.

✹Craft Compelling Value Stories

Prepare to share examples of how you've successfully tied product capabilities to measurable business outcomes in previous roles. Tailor your narratives to reflect Elastic's offerings, focusing on how they can solve real-world problems for clients.

✹Showcase Technical Fluency

Brush up on your knowledge of cloud economics, usage-based pricing, and modern data architectures. Be ready to discuss these topics fluently, as they are essential for positioning Elastic as the go-to Search AI platform.

Commercial Account Executive
Referral Board
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