Renewals Manager

Posted Yesterday
Be an Early Applicant
2 Locations
Hybrid
52K-65K Annually
Mid level
Digital Media • News + Entertainment
The Role
Own end-to-end renewal lifecycle for assigned accounts to maximize retention and minimize churn. Drive proactive engagement 90–180 days before expiration, manage contract administration, validate pricing, maintain CRM accuracy, forecast renewals, analyze trends, identify and escalate risks, collaborate with Sales/Customer Success/Legal/Finance, and use AI-enabled tools to automate and improve renewal workflows.
Summary Generated by Built In

In Some Jobs You Take Orders. In This One, You Write History. 

Join the healthcare information technology team that’s turning drug and medical device data into knowledge used by thousands of hospitals; the majority of U.S. health plans, retail pharmacies, and pharmacy benefit managers; and millions of healthcare decision makers throughout the world. Partnering with our information system developer and healthcare institution customers, you’ll help evolve leading-edge thinking into reality and make a measurable difference in improving human health. 

We’re looking for people who are: Intelligent. Productive. Committed. Willing and able to go above and beyond. Passionate about making a difference. Innovative. Energized. And want to play an essential role in a successful company’s continued growth.

Are you ready for this exciting challenge? 

____________________________________________________________________________________________

First Databank (FDB) is currently seeking a Renewals Manager who owns the end-to-end renewal lifecycle for assigned customer accounts to maximize recurring revenue retention, minimize churn risk, and ensure contractual compliance. This role partners cross-functionally with Sales, Customer Success, Legal, Finance, and Operations to execute timely renewals, improve forecasting accuracy, and support scalable revenue growth.

The Renewals Manager is accountable for renewal strategy execution, contract administration, pricing adherence, risk identification, and operational process improvement. Success in this role is measured through retention outcomes, renewal velocity, forecast accuracy, and customer engagement effectiveness.

AI-enabled workflow automation, renewal analytics, and contract intelligence tools are embedded into this role to improve efficiency, reduce manual work, and strengthen renewal decision-making.

The position will be based out of the Carmel, IN office and follows a hybrid work model, with an expectation to work onsite at least three days per week.

Responsibilities:

  • Manage a portfolio of customer renewals across multiple contract types and segments. 

  • Drive proactive renewal engagement beginning 90–180 days prior to contract expiration. 

  • Coordinate renewal timelines, approvals, pricing validation, and execution activities. 

  • Ensure all contracts are renewed, amended, or terminated in accordance with company policies and compliance standards. 

  • Maintain renewal documentation accuracy within CRM and contract management systems. 

  • Achieve assigned gross and net revenue retention targets. 

  • Identify renewal risk indicators and escalate high-risk accounts with mitigation recommendations. 

  • Maintain accurate renewal forecasts, including close probability, timing, and revenue impact. 

  • Analyze renewal trends, customer usage patterns, and pricing opportunities to improve retention outcomes. 

  • Partner with Customer Success and Account Management teams to align renewal strategy with customer health and adoption. 

  • Collaborate with Legal and Finance on non-standard contract terms, invoicing, and pricing approvals. 

  • Support Sales teams with expansion opportunities identified during renewal discussions. 

  • Work with Revenue Operations to improve renewal workflows, reporting, and automation. 

  • Utilize AI-enabled tools for renewal forecasting, contract summarization, risk identification, and workflow prioritization. 

  • Validate AI-generated contract insights for accuracy and business applicability. 

  • Identify repetitive renewal activities appropriate for automation. 

  • Support adoption of AI-assisted operational processes across renewal workflows. 

Required Skills:

  • Renewal Strategy Execution 

  • Revenue Retention Management 

  • Contract Administration 

  • Forecast Accuracy 

  • Cross-Functional Collaboration 

  • Customer Communication

  • Operational Process Improvement 

  • Data Analysis & Reporting 

  • Risk Identification & Escalation 

  • AI-Assisted Workflow Management

Required Experience:

  • Experience supporting enterprise or mid-market customer renewals. 

  • Familiarity with recurring revenue metrics including ARR, GRR, and NRR. 

  • Experience working in regulated healthcare, clinical data, or healthcare SaaS environments. 

  • Exposure to AI-assisted workflow tools, contract analytics platforms, or revenue intelligence software. 

  • Knowledge of subscription pricing and escalation frameworks. 

_____________________________________________________________________________________________

About FDB:

FDB is the leading provider of drug and medical device knowledge that helps healthcare professionals make precise decisions. With thousands of customers worldwide, FDB enables our information system developer partners to deliver valuable, useful, and differentiated solutions. We offer more than three decades of experience in transforming medical knowledge into actionable, targeted, and effective solutions that help improve patient safety, operational efficiency, and healthcare outcomes. For a complete look at our solutions and services, please visit www.fdbhealth.com or follow us on and LinkedIn.

We value Integrity, Respect, Responsibility, Teamwork, and Creativity. Our offices in South San Francisco and Carmel have been awarded with Top Workplaces honors by The Bay Area News Group and the Indy Star, since 2016 (the Top Workplaces honors are based solely on the results of an employee feedback survey by a leading research firm that specializes in organizational health and workplace improvement). FDB offers competitive salaries and extensive benefits – including medical, dental, vision, long term disability, life insurance, and matching 401k.
 
We are an Equal opportunity employer – vets/disabled. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law.

 

First Databank, Inc. (FDB) endeavors to make www.fdbhealth.com accessible to all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please email [email protected]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

 

For more information about our commitment to equal employment opportunity, please visit EEO is the LawEEO is the Law Supplement,  Pay Transparency, and FDB EEO/AA Statement.

In accordance with applicable law, Hearst is required to include a reasonable estimate of the compensation for this role if hired in Carmel, IN. The reasonable estimate, if hired in Carmel, IN is $52,000 – $65,000. Please note this information is specific to those hired in location. If this role is open to candidates outside of location, the salary range would be aligned to that specific location. A final decision on the successful candidate’s starting salary will be based on a number of permissible, non-discriminatory factors, including but not limited to skills and experience, training, certifications, and education.

This role is also eligible for a competitive benefits package that includes medical, dental, vision, life, and disability insurance; 401(k) retirement plan; flexible spending savings account; paid holidays; paid time off; employee assistance program; and other company benefits. 

Skills Required

  • Renewal Strategy Execution
  • Revenue Retention Management
  • Contract Administration
  • Forecast Accuracy
  • Cross-Functional Collaboration
  • Customer Communication
  • Operational Process Improvement
  • Data Analysis & Reporting
  • Risk Identification & Escalation
  • AI-Assisted Workflow Management
  • Experience supporting enterprise or mid-market customer renewals
  • Familiarity with recurring revenue metrics including ARR, GRR, and NRR
  • Experience working in regulated healthcare, clinical data, or healthcare SaaS environments
  • Exposure to AI-assisted workflow tools, contract analytics platforms, or revenue intelligence software
  • Knowledge of subscription pricing and escalation frameworks

Hearst Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Hearst and has not been reviewed or approved by Hearst.

  • Healthcare Strength Healthcare coverage is described as comprehensive, including medical plan choice, full in-network preventive coverage, dental and vision, telemedicine, prescription coverage, and fertility resources. Mental-health resources and other wellbeing services (e.g., therapy sessions, crisis support, virtual physical therapy, and chronic-condition programs) further strengthen the health offering.
  • Retirement Support Retirement support is positioned as meaningful through a 401(k) plan with company matching and Hearst covering plan administration fees. Performance bonuses are also noted as available in some roles, adding an additional rewards component beyond base pay.
  • Leave & Time Off Breadth Time-off benefits include paid holidays, paid sick days, and vacation time with a commonly cited annual range, alongside paid parental leave and family medical leave. A remote work program and flexibility signals are also included as part of the overall rewards experience.

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The Company
HQ: New York, NY
3,010 Employees
Year Founded: 1887

What We Do

Hearst is a leading global, diversified media, information and services company with more than 360 businesses. Its major interests include ownership in cable television networks such as A&E, HISTORY, Lifetime and ESPN; global financial services leader Fitch Group; Hearst Health, a group of medical information and services businesses; transportation assets including CAMP Systems International, a major provider of software-as-a-service solutions for managing maintenance of jets and helicopters; 33 television stations such as WCVB-TV in Boston and KCRA-TV in Sacramento, California, which reach a combined 19 percent of U.S. viewers; newspapers such as the Houston Chronicle, San Francisco Chronicle and Times Union (Albany, New York); more than 300 magazines around the world, including Cosmopolitan, ELLE, Men's Health and Car and Driver, and digital services businesses such as iCrossing and KUBRA; and investments in emerging digital entertainment companies such as Complex Networks.

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