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Key Account Manager

Company Description

Are you ready to trade your job for a journey? Become a FlyMate!

Passion, excitement & global collaboration are all core to what it means to be a FlyMate. At Flywire, we’re on a mission to deliver the world’s most important and complex payments. We use our Flywire Advantage - the combination of our next-gen payments platform, proprietary payment network and vertical specific software, to help our clients get paid, and help their customers pay with ease - no matter where they are in the world.

What more do we need to truly be unstoppable? Perhaps, that is you! 

Who we are: 

Flywire is a global payments enablement and software company, delivering high-stakes, high-value payments across the global education, healthcare, travel and B2B industries.

Today, we’ve digitized payments for more than 4,000+ global clients in more than 140 currencies across 240 countries and territories around the world.  And, we’re just getting started!

With over 1,300+ global FlyMates, representing more than 40 nationalities, and in 12 offices world-wide, we’re looking for FlyMates to join the next stage of our journey as we continue to grow.

Job Description

The Opportunity:

We, at Flywire, are seeking a strategically minded Key Account Manager (KAM) to work with our existing portfolio of Education Clients – to gain a deep understanding of our clients’ worlds and to align Flywire’s products and services with their objectives. In doing so we will build stronger client relationships across campus, increase the utilisation of our platform(s) and ultimately drive revenue.

The KAM, reporting directly to the Head of Key Account Management UK, will work closely with the Sales, Implementation, and Client Optimization to execute strategies designed to drive growth, uncover new business potential, increase revenue, provide accurate issue resolution and assure clients and their students have the best payment experience and support in the industry. 

Primary duties would include:

  • Gain a clear understanding of clients goals at an organisational, departmental and individual level and ensure these are documented in strategic account plans
  • Stakeholder management including increasing the breadth and seniority of contacts whilst also connecting them with appropriate Flywire counterparts
  • Work alongside Client Success and Consultants to capture an in depth knowledge of client’s operations including student lifecycle and payer journey
  • Map Flywire’s wallet share of existing payment flow and unearth new opportunities for Flywire products and services, owning the end-to-end upsell, working with Technical Sales support as required
  • Managing proposal writing, contract negotiations and renewals
  • Oversee deployment of Flywire assets working alongside Implementation and Client Success teams
  • Leading an internal account team, ensuring there is a clear understanding of what we are trying to achieve with a client and escalating support requests or issues as appropriate
  • Adopt a data driven approach, working alongside Client Analysts, to spot potential risks before they materialise and create a ‘no drama’ environment
  • Meticulous organisation and prioritisation to ensure momentum on activities

Qualifications

Here’s What We’re Looking For: 

  • 4+ years of sales, account management, or client management experience
  • BS/BA in Business, Finance, or Marketing Management - or other relevant fields 
  • A background working in education and/or fintech (preferred)
  • Strong proactive commercial drive
  • Experience in consultative sales; the ability to build rapport quickly, identify and diagnose business problems, demonstrate products remotely, or in person, and meet the specific customer needs with effective solutions
  • Ability to speak to the technical aspects of a solution
  • Strong communication skills (written and oral)
  • The ability to handle multiple initiatives simultaneously
  • Familiarity with CRM applications (Salesforce preferred)
  • Ability to professionally handle client issues and implement effective resolutions

Additional Information

What We Offer:

  • Competitive compensation, including Restricted Stock Units 

  • Employee Stock Purchase Plan (ESPP)

  • Flying Start - Our immersive Global Induction Program (Meet our Execs & Global Teams)

  • Work with brilliant people that will keep you on your toes, learn more about their journeys by checking out #InsideFlywire on social media

  • Dynamic & Global Team (we have been collaborating virtually for years!)

  • Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates 

  • Be a meaningful part in our success - every FlyMate makes an impact

  • Competitive time off including FlyBetter Days to volunteer in a cause you believe in and Digital Disconnect Days!

  • Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!)

Submit today and get started!

We are excited to get to know you! Throughout our process you can expect to meet with different FlyMates including the Hiring Manager, Peers on the team, the VP of the department, and a skills assessment. Your Talent Acquisition Partner will walk you through the steps and be your “go-to” person for any questions.

Flywire is an equal opportunity employer. With over 40 nationalities across 12 different offices diversity, gender equality, and inclusion are at the core of our people agenda. We believe our FlyMates are our greatest asset, and we’re excited to watch our unique culture evolve with each new hire.

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CEO of Flywire
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Mike Massaro
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Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Key Account Manager, Flywire

At Flywire, we’re thrilled to introduce an exciting opportunity for a Key Account Manager to join our dynamic team based in London, UK. As a Key Account Manager, you'll be at the forefront of strengthening relationships with our esteemed education clients, ensuring that our cutting-edge payment solutions align perfectly with their unique objectives. You'll gain deep insights into their operations, navigate the complexities of their environments, and provide tailored solutions that not only drive revenue growth but also enhance user experience for students and institutions alike. Your role will involve collaborating closely with sales and implementation teams to optimize our services and drive client satisfaction. With a strong emphasis on strategic planning and stakeholder management, you’ll document clients’ goals and spearhead efforts to connect them with appropriate Flywire resources. Your passion and proactive approach will help us identify new business opportunities, manage proposal writing, and oversee contract negotiations. Here at Flywire, we value innovation and dynamic collaboration, and we can't wait to see how you’ll contribute to our mission of delivering the world’s most important payments globally. So, if you're ready for a career where your expertise will make a meaningful impact and where every FlyMate’s contribution is valued, come aboard and make your journey with Flywire today!

Frequently Asked Questions (FAQs) for Key Account Manager Role at Flywire
What skills are required for the Key Account Manager position at Flywire?

The Key Account Manager position at Flywire requires a blend of skills, including 4+ years of sales or account management experience, strong communication capabilities, and a background in education or fintech. Being proactive and having consultative sales experience will also be advantageous.

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What does a Key Account Manager do at Flywire?

A Key Account Manager at Flywire engages deeply with education clients to ensure their needs are met while promoting Flywire's payment solutions. This includes account management, portfolio growth, stakeholder relationship building, and enhancing client experience.

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Why should I consider working as a Key Account Manager at Flywire?

Working as a Key Account Manager at Flywire means being part of a vibrant team focused on impactful solutions. You'll engage with global clients and play a significant role in driving growth and innovation within the payments landscape.

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What is the work culture like for a Key Account Manager at Flywire?

Flywire boasts a dynamic and inclusive work culture. As a Key Account Manager, you'll collaborate with diverse teams and participate in a global induction program that ensures you feel connected to our mission and values from the outset.

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What kind of support does Flywire provide to its Key Account Managers?

Flywire offers immense support to its Key Account Managers, including training programs, competitive compensation, and tools for professional development, ensuring you have everything you need to succeed in your role.

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What impact does a Key Account Manager have at Flywire?

A Key Account Manager significantly impacts Flywire by driving revenue growth, enhancing client relationships, and ensuring clients have the best possible payment experiences. Your efforts will contribute directly to Flywire’s success story.

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How does Flywire ensure diversity and inclusion within the Key Account Management team?

Flywire values diversity and inclusion as core elements of its culture. The Key Account Management team consists of members from over 40 nationalities, promoting a universal perspective in handling client relations and fostering innovative ideas.

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Common Interview Questions for Key Account Manager
How would you define a successful Key Account Manager?

A successful Key Account Manager balances strong client relationships with business acumen. They proactively identify client needs, provide innovative solutions, and maintain open lines of communication to foster trust and partnership.

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Can you describe a time you successfully upsold a product to a client?

In your response, highlight your ability to analyze a client's business needs, present tailored solutions, and explain how your initiative directly contributed to increased revenue for both the client and your company.

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What strategy do you use to understand a client’s goals?

Demonstrate your consultative approach: it’s essential to conduct thorough research, ask insightful questions, and develop strategic account plans that address the client’s business objectives and pain points.

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How do you handle difficult client situations?

Handling difficult situations involves active listening, empathy, and problem-solving. Share an example showcasing your ability to effectively manage client expectations and achieve positive outcomes.

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What role does data play in your approach as a Key Account Manager?

Data informs decision-making at every level. Discuss how you utilize analytics to spot trends, anticipate challenges, and tailor strategies accordingly to enhance client satisfaction and growth.

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Describe your experience with CRM tools and how you have used them to manage accounts?

Detail your familiarity with CRM applications, particularly Salesforce, and how you leverage them to track client interactions, manage renewals, and enhance communication across internal teams.

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How do you prioritize your tasks when managing multiple clients?

Prioritization stems from understanding client urgency and the impact of various tasks on your overall objectives. Illustrate your ability to use tools or techniques to navigate competing demands effectively.

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What techniques do you employ to build rapport with clients?

Discuss specific strategies, such as personalized communication, regular check-ins, and being proactive in understanding client needs, to foster long-lasting relationships built on trust and mutual respect.

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How do you align Flywire’s solutions with the needs of your education clients?

This requires a deep understanding of the client’s educational environment. Explain your systematic approach to assessing their operational needs and presenting relevant Flywire solutions that create value.

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What do you know about Flywire's products and services?

Demonstrating knowledge about Flywire’s innovative payment solutions and sectors, such as education, healthcare, and B2B, will reflect your dedication and prepare you to convey value to prospective clients.

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Flywire ensures organizations deliver on their customers’ most important moments.

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Full-time, remote
DATE POSTED
November 28, 2024

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