Senior Renewals Manager

Wiz
Summary
Join Wiz, a rapidly growing cloud security company, as a Senior Renewal Manager and play a key role in customer retention and expansion. You will handle the quote-to-close process for renewals, achieve revenue goals, partner with Sales and Customer Success teams, manage multiple customer renewals concurrently, identify at-risk clients, and collaborate with partners. This position requires 5-8 years of cybersecurity and renewals experience, a proven track record of success, and familiarity with SaaS offerings and pricing models. The ideal candidate will be highly collaborative, process-oriented, and possess strong business acumen. Location is limited to the Western United States. Wiz offers a competitive benefits package including health and welfare benefits, financial benefits, paid time off, and equity.
Requirements
- 5-8 years of related cybersecurity and renewals experience
- Ability to work independently and as part of a team
- High collaborative with ability to succeed in an entrepreneurial environment
- Proven track record of success and over-achievement of renewal quota in previous positions
- Deep understanding of SaaS offerings and pricing models and ability to learn Wiz's offerings and pricing with agility
- Experience in SaaS revenue organization: Sales, CSM, or prior renewals team experience
- Familiarity with systems: Salesforce, CPQ, IronClad, Planhat
- Confidence and ability to navigate customer and partner renewal processes per Wiz rules of engagement
Responsibilities
- Handle the quote-to-close process for renewals 180 to 90 days in advance of renewal due date
- Achieve or exceed quarterly revenue goals, tied to retention, growth and term extension of existing customer contracts
- Partner with the Sales and Customer Success teams to assess customer health and drive the appropriate renewal solution
- Maintain and report an accurate forecast of renewals within assigned book
- Manage the renewal process for multiple large customers concurrently and prioritize your time effectively to limit risk and ensure on time renewals
- Escalate whenever appropriate to help resolve customer concerns
- Identify βat-riskβ renewal clients before renewal date and escalate to appropriate team members, mitigate contraction and churn within all deals
- Appropriately engage with the customer to champion the Wiz renewal and solution value
- Develop and maintain strong relationships with our channel and alliance partners in order to identify and close joint opportunities
- Collaborate cross functionally with Legal and Deals Desk as applicable
- Recommend and contribute to process improvements
Benefits
- Medical, dental and vision insurance
- Home Office Setup reimbursement
- Flexible Spending Accounts
- Monthly Connectivity reimbursement
- Employee Assistance Program (EAP)
- Short- and Long-term Disability Insurance
- Life & Accident Insurance
- 401(k) Retirement Savings Plan (with employer match)
- Flexible paid time off + 11 paid holidays
- Paid leave programs, including parental, pregnancy health, medical and bereavement leave
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