Renewals Specialist

Posted 13 Hours Ago
Be an Early Applicant
Chicago, IL, USA
In-Office
Mid level
Payments • Software
The Role
The Renewals Specialist will manage renewal pipelines, analyze user purchase history, create complex quotes, and collaborate with sales teams to ensure timely contract renewals and identify upsell opportunities.
Summary Generated by Built In
Who we areAbout Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies - from the world’s largest enterprises to the most ambitious startups - use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.

About the team

The Renewals Team focuses on facilitating contract renewals at Stripe. We partner with sales on the administrative and analytical aspects of a renewal, including identifying upcoming renewals, determining historical consumption and pricing, positioning value, surfacing upsell/cross-sell opportunities and helping close deals.

What you’ll do

The Renewals Specialist will partner with AE’s, sales management, Customer Success and internal partners to retain and expand user revenue. The successful candidate will work with their sales team to produce and present compelling customer proposals, ensuring that large contracts are renewed on-time and quoted accurately. We are looking for a self-starter to join our team who has demonstrated success dealing with ambiguity, operating in a fast-growing environment, and solving problems with limited oversight. The ideal candidate will demonstrate that they can or have partnered closely with cross-functional teams, deliver tasks, project manage complex initiatives and make data-driven decisions. Our ideal candidates will have had experience crafting and structuring deals, and building scalable processes. 

A successful candidate will have a demonstrated ability to think strategically and analytically to identify cross-functional challenges and build consensus, within team and across functions, to execute against fluctuating volumes and complex projects. 

Responsibilities:
  • Proactively manage Renewal pipelines and activity / engagement milestones
  • Research user purchase and renewal history and make recommendations based on prior activity
  • Manage KPIs relating to Renewal coverage scope by segment / region 
  • Gather requirements from Sales and User account signals for renewal, expansion and upsell opportunities
  • Assist with complex quote creation to allow Sales to focus on upsell
  • Help develop and execute Stripe’s Renewals Desk strategy, in alignment with Stripe’s Sales business strategy
  • Identify and optimise repeatable and scalable processes, looking to automate, re-tool, process improve and vendorise as appropriate
  • Help cultivate a team culture that includes high ownership, customer-first focus, fast-paced, high integrity, and an optimistic and positive environment
  • Report out on a regular weekly, monthly, and quarterly cadence to key stakeholders, with a strong analytical approach and crisp communication style
Who you are

We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.

Minimum requirements
  • 3+ years of experience in Renewals, Account Management, or Customer Success ideally in a tech environment
  • Proven track record in successfully owning and delivering manual and automated processes
  • Strong leadership experience, including cultivating high-performance, positive team culture and developing close, cross functional partnerships
  • Sound business judgment, strong analytical skills, and a proven track record of taking ownership, leading data-driven analyses, and influencing results
  • Experience working within a high-growth, technology company with the ability to operate successfully in a lean, fast-paced organisation
  • Highly organised, multi-tasking skills, taking ownership and being efficient in ambiguous situations
Preferred qualifications:
  • Lean Six Sigma certification, or proven experience employing the methodology
  • Experience working in the financial services/payments industry

Skills Required

  • 3+ years of experience in Renewals, Account Management, or Customer Success ideally in a tech environment
  • Proven track record in successfully owning and delivering manual and automated processes
  • Strong leadership experience, including cultivating high-performance, positive team culture and developing close, cross functional partnerships
  • Sound business judgment, strong analytical skills, and a proven track record of taking ownership, leading data-driven analyses, and influencing results
  • Experience working within a high-growth, technology company with the ability to operate successfully in a lean, fast-paced organisation
  • Highly organised, multi-tasking skills, taking ownership and being efficient in ambiguous situations

Stripe Compensation & Benefits Highlights

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

  • Healthcare Strength Healthcare is positioned as comprehensive across mental, physical, and medical plans. Mental-health support is repeatedly surfaced as a meaningful part of overall coverage.
  • Parental & Family Support Parental leave and fertility benefits are highlighted as core elements of the package. Leave-related benefits are portrayed as a standout area of support for families.
  • Fair & Transparent Compensation Compensation is framed as a relative strength compared to other parts of the employee experience. Pay is frequently characterized as competitive and, for many roles, perceived as fair in absolute terms.

Stripe Insights

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The Company
HQ: Dublin, Dublin
5,360 Employees
Year Founded: 2010

What We Do

Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to public companies like Salesforce and Facebook—use the company’s software to accept online payments and run technically sophisticated financial operations in more than 100 countries. Stripe helps new companies get started and grow their revenues, and established businesses accelerate into new markets and launch new business models. Over the long term, Stripe aims to increase the GDP of the internet.

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