Renewals Specialist
Cisco is hiring a Renewals Specialist. Level rates it ; you can apply on Cisco.
Level's read on this job
- Little AI ●○○○ is how Level rates this role: aI is not part of the work.
- Tools and skills the posting cites include sales, account management and negotiation.
- Level classifies it as a mid-level role.
- Level lists 1,400+ other open roles at Cisco.
AI in this role
Own and execute customer renewal contracts and drive sales retention for Cisco solutions and services.
What You'll Do
The Customer Experience Renewals Specialist (individual contributor) role is a highly visible, strategic position to empower key customers to continue to transform their business and meet their objectives through Cisco solutions.
You will be accountable for owning and executing a portfolio of renewal contracts of Cisco products and services across an assigned customer account base. RM's work with customer executives, partners and across Cisco teams to develop a holistic, deep view of customer requirements and objectives and define a strategy to drive renewals to timely closure, as well as minimize renewals risk and financial attrition. You will bring proven understanding of negotiation strategies and orchestrate cross-functional resources across the company and with partners to provide a unified path to secure every renewal.
Key responsibilities and activities include:
- Drive CX Renewals motion with the customer for all renewal activities from opportunity identification to negation to close. Resources include Account team, Service sellers, Product specialists, CX Delivery, Customer Success, Asset managers, Cisco legal among others.
- Focus on selling the existing portfolio (Services, DNA and Security subscriptions) and new offers
- Renew, up-sell and close on-time contracts in assigned territory
- Increase sales penetration at existing accounts
- Understand customers’ and partners’ procurement process
- Supervise and report state of customer relationships, pipeline, and forecasts
- Supervise quote creation progress to mitigate contract closure risks.
- Maintain internal and external relationships in support of closing the sale
- Build deep relationships with customer executives and partners to understand objectives and accelerate their path to value
- Utilize data and insights from cross-functional resources to co-create the customer renewal sales strategy with the account team; play a key role in developing the coordinated account plan and success plan
- Understand the overall industry environment
- Attend and present at internal meetings with other company organizations that are necessary to perform duties; aid business development
- Monitor and report on market and competitor activities and provide relevant reports and information
- Analyze data and trends to identify growth opportunities
Who You'll Work With
This role resides in the Customer Experience organization, one of Cisco’s fastest growing teams that delivers profitable growth throughout the customer lifecycle with a series of selling motions to drive higher value and an efficient experience from Cisco solutions.
Who You Are
- Excellent executive level communication and presentation skills
- Process Specialist: Strong process leadership skills and financial acumen with the ability to successfully develop and implement policies for forecasting, data quality and accuracy
Required experience:
- You hold a BS/BA (or equivalent) plus 7+ years related sales experience and 2 – 3 years of experience handling HW and/or software renewals
- You have a consistent track record in delivering excellent results against pre-defined goals and targets
- You are driven, upbeat, self-starter
- Excellent social skills
- Excellent communications skills (both written and verbal) and the ability/affinity for building new relationships
- High degree of creative ability, analytical and business skills and independent judgment
- A strong knowledge of Cisco and general IT Service renewals would be preferred, as well as a wide appreciation of the IT market landscape
Why Cisco?At Cisco, we’re revolutionizing how data and infrastructure connect and protect organizations in the AI era – and beyond. We’ve been innovating fearlessly for 40 years to create solutions that power how humans and technology work together across the physical and digital worlds. These solutions provide customers with unparalleled security, visibility, and insights across the entire digital footprint.
Fueled by the depth and breadth of our technology, we experiment and create meaningful solutions. Add to that our worldwide network of doers and experts, and you’ll see that the opportunities to grow and build are limitless. We work as a team, collaborating with empathy to make really big things happen on a global scale. Because our solutions are everywhere, our impact is everywhere.
We are Cisco, and our power starts with you.
How we rate this
Renewals Specialist at Cisco rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
Questions you could be asked
- Tell me about a project where sales was part of your work. What did you do?
- Tell me about a project where account management was part of your work. What did you do?
- Tell me about a project where negotiation was part of your work. What did you do?
- Tell me about a project where renewals was part of your work. What did you do?
- Tell me about a project where customer success was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Sales, Account Management, Negotiation, Renewals, and Customer Success. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
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