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Head of Customer Retention

Komodo Health
United States, United StatesRemotefull_timeVerifiedPosted 11 Nov 2024
💰 $247,000/yr($183,000/yr$247,000/yr)

About the role

We Breathe Life Into Data

At Komodo Health, our mission is to reduce the global burden of disease. And we believe that smarter use of data is essential to this mission. That’s why we built the Healthcare Map — the industry’s largest, most complete, precise view of the U.S. healthcare system — by combining de-identified, real-world patient data with innovative algorithms and decades of clinical experience. The Healthcare Map serves as our foundation for a powerful suite of software applications, helping us answer healthcare’s most complex questions for our partners. Across the healthcare ecosystem, we’re helping our clients unlock critical insights to track detailed patient behaviors and treatment patterns, identify gaps in care, address unmet patient needs, and reduce the global burden of disease. 

As we pursue these goals, it remains essential to us that we stay grounded in our values: be awesome, seek growth, deliver “wow,” and enjoy the ride. At Komodo, you will be joining a team of ambitious, supportive Dragons with diverse backgrounds but a shared passion to deliver on our mission to reduce the burden of disease — and enjoy the journey along the way.

The Opportunity at Komodo Health:

Komodo aims to build the best healthcare data analytics platform in the industry by providing SaaS products, infused with the most comprehensive real-world evidence, and keeping clients using them for years to come.

The Head of Customer Retention will play a pivotal role in enhancing our company's growth and profitability by defining and managing renewal programs, processes and enablement activities that boost our customer retention rates and ensure timely renewals of contracts. The Head of Customer Retention will also provide leadership and mentorship to Account Managers and facilitate best practices sharing for renewals and selected upsell/expansion opportunities.  This role calls for cross-functional collaboration across various teams, aligning with all Partnerships and Life Sciences channels to ensure a cohesive and effective renewal strategy.

Looking back on your first 12 months at Komodo Health, you will have accomplished…

  • All renewals have paperwork started within 4 months of the renewal date
  • Ensured no renewal closes after the renewal start date
  • Decreased the churn rate across Komodo
  • Increased the retention rate each quarter
  • Secured quarterly upsell targets 
  • Created and deployed a renewal playbook used by the Account Management team that sets the foundation for the roles & responsibilities and how they interact with all cross functional teams. 

These are the essential job duties you will be responsible for …

  • Lead the creation and deployment of the Account Management team within each sales segment
  • Develop and implement a comprehensive customer renewal strategy aimed at increasing the % of contracts renewed and on time
  • Collaborate with cross-functional teams to align goals and execute the renewal strategy effectively
  • Identify potential challenges in the renewal process and designed proactive solutions
  • Present data-driven reports and findings to company stakeholders, showcasing the impact and progress of the renewal strategy - this is done on a monthly basis
  • Cultivate a customer-centric culture, ensuring that the customer's voice is integrated into the renewal process
  • Establish regular touchpoints with key stakeholders, ensuring transparency, understanding, and buy-in for the renewal strategy
  • Create a feedback mechanism for customers post-renewal, using their insights to refine the strategy and address any areas of concern promptly

What you bring to Komodo Health (required):

  • 10+ years of experience of demonstrated success in owning & implementing customer renewal strategies at B2B SaaS or enterprise technology organizations
  • Demonstrated success in driving on-time renewal outcomes and achieving high customer retention rates
  • Exceptional analytical skills, with the ability to translate complex data into strategic actionable insights
  • Ability to architect processes, systems, and rhythms that allow for high-performance
  • Strong ability to collaborate with cross-functional teams
  • Outstanding communication and presentation skills
  • A customer-centric mindset with the passion to continuously improve and innovate, evaluate, adopt, and advocate for critical initiatives needed to obtain business results

 

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Compensation at Komodo Health

The pay range for each job posting reflects a minimum and max

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Company

Komodo Health

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