Renewals Director

DarktraceBoston, MA

About The Position

Darktrace is a global leader in AI for cybersecurity, founded in 2013, that provides an essential cybersecurity platform protecting nearly 10,000 organizations from unknown threats using its proprietary AI. The Darktrace Active AI Security Platform™ delivers a proactive approach to cyber resilience across the entire digital estate. With over 200 patent applications filed and supported by over 2,400 employees worldwide, Darktrace is committed to keeping organizations ahead of the changing threat landscape. As a Renewals Director (Individual Contributor), you will be a subject matter expert in renewals, responsible for owning and driving renewal outcomes for a portfolio of KEY ACCOUNT customers. Your main objective is to maximize customer retention and expansion through timely renewals, proactive risk management, and identifying upsell and cross-sell opportunities. This role involves leading complex, high-value renewal negotiations for strategic and enterprise accounts, collaborating closely with Sales, Customer Success, Finance, and Legal. Strong business acumen, data-driven decision-making, and the ability to influence stakeholders without direct authority are crucial. You will play a critical role in developing renewal strategy, processes, and best practices, while directly contributing to the company's retention and growth objectives.

Requirements

  • 8–10 years of relevant experience in renewals, customer success, account management, or other client‑facing roles
  • At least 2 years of direct experience managing renewals for KEY, STRATEGIC, or ENTERPRISE accounts
  • Demonstrated deep expertise in renewals or a closely related domain, with success managing complex, high‑value customer engagements
  • Exceptional communication and presentation skills, with the ability to engage and influence senior‑level stakeholders
  • Strong ability to prioritize, manage time autonomously, and succeed in a cross‑functional, fast‑paced environment
  • Proven problem‑solving mindset with adaptability in dynamic business conditions
  • Demonstrated business acumen, connecting individual execution to broader organizational goals

Nice To Haves

  • Familiarity with enterprise networking technologies
  • Foundational understanding of cybersecurity concepts and solutions

Responsibilities

  • Own and execute renewals for a portfolio of strategic and enterprise KEY ACCOUNTS within the AMS region, driving retention, expansion, and long‑term customer value
  • Lead complex, high‑value renewal negotiations, balancing customer outcomes with commercial and revenue goals
  • Carry an individual quota, including Renewal Bookings (ATR Renewal Rate) and Expansion Bookings, defined engagement metrics
  • Proactively identify renewal risks and expansion opportunities, applying renewal uplift strategies to maximize outcomes
  • Partner cross‑functionally with Sales, Customer Success, Finance, Legal, and executive stakeholders to align on renewal strategy and deal structure
  • Establish and own operational objectives across a broad scope of responsibility, influencing company‑wide outcomes
  • Make independent, high‑impact decisions that directly affect short‑term business results and renewal performance
  • Build and leverage strong internal partnerships, influencing cross‑functional stakeholders without formal authority
  • Stay current on industry trends, best practices, and the competitive landscape, applying insights to enhance renewal strategies and customer value

Benefits

  • 100% medical, dental and vision insurance, plus dependents
  • Paid parental leave
  • Pet insurance
  • Discount Life insurance
  • Commuter benefits
  • 401(k)
  • Employee Assistance Program
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service