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Inside Account Manager

We are Progress (Nasdaq: PRGS) - the trusted provider of software that enables our customers to develop, deploy and manage responsible, AI-powered applications and experiences with agility and ease.
We’re proud to have a diverse, global team where we value the individual and enrich our culture by considering varied perspectives because we believe people power progress. Join us as an Inside Account Manager and help us do what we do best: propelling business forward.  
The team is driving the business from our existing customers through revenue growth targets, while managing a pipeline of targeted renewal accounts and identifying potential upsell opportunities in our customer base and over time cross-sells.  
  
Inside Sales Account Manager will work for our Digital Experience line of products, focusing on ShareFile. This role involves managing customer relationships, understanding their needs, and driving sales growth. The ideal candidate will have a proven track record in software sales, particularly in the US market, and will be motivated to exceed sales quotas.
 
 Your Area of Responsibility:  
  • Account Management: Take ownership and accountability for ensuring customer retention and growth within the assigned book of business. Manage and grow a portfolio of over 1000 existing accounts. 
  • Relationship Management: Develop and maintain strong relationships with key stakeholders in high-priority accounts. Ensure multiple connections are established per account from various departments and roles to enable deeper account penetration with Progress products like ShareFile. 
  • Renewal Requirements: Understand primary use cases, utilization patterns, and map out basic renewal requirements well in advance for each account. Handle customer retention and renewal processes efficiently. 
  • Retention Rate: Achieve a retention rate greater than 90% in terms of the number of accounts and, more importantly, the value of accounts. 
  • Long-term Relationships: Maintain long-term relationships by understanding customers’ business and aligning our product's current and future value to drive higher adoption and revenue. 
  • Revenue Expansion: Focus on identifying and executing revenue expansion opportunities within assigned accounts through distinct upsell and cross-sell motions. Identify opportunities for upselling and cross-selling to maximize revenue. 
  • Forecasting: Accurately forecast any potential downgrades or churns and offset them with a growth pipeline. 
  • Pipeline Management: Manage a healthy and active pipeline to achieve and exceed quarterly/yearly goals. 
  • Attention to Detail: Ensure meticulous attention to detail in all aspects of account management, from understanding customer needs to executing sales strategies. 
  • Volume/Velocity Business: Each account manager will need to transact with over 1000 accounts every year, maintaining high efficiency and effectiveness in managing a large volume of accounts. 
  • Client Issues: Address client issues and provide tailored solutions to meet their needs. 
  • CRM Utilization: Utilize CRM software to track client interactions and manage account activities. 
  • Metrics Analysis: Analyze account metrics and generate insights for growth strategies, with a strong emphasis on understanding and leveraging utilization patterns. 
  • Cross-functional Collaboration: Collaborate with cross-functional teams to ensure client satisfaction. 
  • Reporting: Prepare and present reports on account status and performance. 
  • Automation: Work with cross-functional teams to ensure as much of the business is auto-billed to ensure the manual efforts are spent on value-added activities 
  • Product Feedback: Ensure client trends and product use case trends or gaps are communicated regularly to the product team 
Qualifications: 
  • Education: Bachelor’s degree in business administration, Sales, Marketing, or a related field. An MBA is a plus. 
  • Experience: Minimum 2 years of technical software product sales experience in the US market. Proven experience in account management, preferably managing a large portfolio of accounts. 
  • Skills: Excellent verbal and written communication skills. Strong organizational and time management abilities. Proficiency in CRM software and MS Office, particularly Excel. Strong sales and negotiation skills. Analytical mindset with the ability to forecast and track key account metrics. 
  • Attributes: Ability to thrive in a fast-paced, dynamic environment. Resilience in handling challenging situations and client demands. Highly motivated self-starter with the ability to drive business independently. 
  • Willing to work in US Time zone [6 30 PM to 3 30 AM IST]
If this sounds like you and fits your experience and career goals, we’d be happy to chat. What we offer in return is the opportunity to experience a great company culture with wonderful colleagues to learn from and collaborate with and also to enjoy:  
Compensation 
  • Competitive remuneration package 
  • Employee Stock Purchase Plan Enrollment 
Vacation, Family, and Health
  • 30 days of earned leave
  • An extra day off for your birthday
  • Various other leaves like marriage leave, casual leave, maternity, and paternity leave
  • Premium Group Medical Insurance for employees and five dependents, personal accident insurance coverage, life insurance coverage
  • Professional development reimbursement  
  • Interest subsidy on loans - either vehicle or personal loans
  • Health Club reiumbursement
Apply now!
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$60000K
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What You Should Know About Inside Account Manager, Progress

At Progress, we are driven by innovation and a passion for empowering our clients through cutting-edge software solutions. As an Inside Account Manager, you will play a pivotal role in our mission, specifically within our Digital Experience line of products like ShareFile. Your day-to-day will include nurturing relationships with over 1000 existing accounts, ensuring they achieve maximum value from our offerings while identifying potential upsell and cross-sell opportunities. We are looking for someone with a strong background in software sales in the US market, as you will work closely with customers to understand their unique needs and drive their satisfaction and loyalty. Your ability to forecast account metrics, analyze utilization patterns, and maintain a retention rate above 90% will contribute significantly to our team’s success. You’ll be part of a collaborative atmosphere, ensuring that impactful solutions are delivered and issues promptly addressed. Your responsibilities will also involve meticulous attention to detail, utilizing CRM tools effectively, and generating insightful reports to track account performance. Working in US time zone hours, this role offers you the chance to make a real impact on our customers' businesses while growing your skills in a dynamic environment. Don’t miss out on the chance to join our diverse team, where your contributions will truly make a difference in the world of AI-driven software applications.

Frequently Asked Questions (FAQs) for Inside Account Manager Role at Progress
What types of skills are required for the Inside Account Manager role at Progress?

An Inside Account Manager at Progress should possess strong sales and negotiation skills, excellent verbal and written communication abilities, and proficiency in CRM software and Microsoft Office, especially Excel. A minimum of 2 years of experience in technical software product sales in the US market is also essential to drive growth in that region.

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What does the Inside Account Manager position involve at Progress?

The Inside Account Manager at Progress is responsible for managing over 1000 existing customer accounts, developing long-term relationships, ensuring customer satisfaction, and identifying upsell opportunities. This dynamic role involves a focus on revenue growth, account retention, and active pipeline management.

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How does Progress define success for the Inside Account Manager?

Success for an Inside Account Manager at Progress is defined by achieving a retention rate greater than 90% for accounts, successfully identifying upsell and cross-sell opportunities, and exceeding quarterly and yearly revenue targets while managing an organized portfolio of customer relationships.

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What are the growth opportunities for an Inside Account Manager within Progress?

There are numerous growth opportunities for an Inside Account Manager at Progress, including potential advancement to senior sales roles, greater involvement in strategic decision-making, and expanded responsibilities in managing larger accounts or product lines within the rapidly evolving digital landscape.

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What benefits does Progress offer for the Inside Account Manager role?

Progress offers a competitive remuneration package alongside benefits including 30 days of earned leave, comprehensive medical insurance, professional development reimbursement, and various other generous leave options. This makes it an attractive opportunity to balance work and personal well-being.

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What qualities does Progress look for in an Inside Account Manager?

Ideal candidates for the Inside Account Manager position at Progress are highly motivated self-starters who thrive in fast-paced environments. Strong analytical capabilities, resilience in challenging situations, and excellent organizational skills are all valued traits that align with our company's dynamic culture.

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How does the Inside Account Manager work with other teams at Progress?

The Inside Account Manager collaborates with cross-functional teams to ensure client satisfaction, addressing client issues with tailored solutions and providing valuable feedback to product teams regarding customer trends and needs, fostering an integrated approach to business growth.

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Common Interview Questions for Inside Account Manager
How do you manage and grow relationships with multiple clients as an Inside Account Manager?

To manage and grow relationships, I prioritize creating personalized outreach strategies for each client, ensuring I understand their unique needs and history with our products. I also make use of CRM tools to track interactions and maintain regular communication, establishing trust and rapport over time.

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Can you describe a successful upsell or cross-sell experience you’ve had?

In a previous role, I identified an upsell opportunity when a client expressed limitations with their current solution. By conducting a detailed analysis of their business needs and demonstrating how an upgraded product could enhance efficiency, I successfully convinced them to make the purchase, resulting in increased revenue and greater satisfaction.

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What strategies do you use to forecast and manage account metrics?

I utilize analytical tools to extract pertinent data on customer usage patterns and retention rates. Regularly reviewing these metrics allows me to proactively address potential downgrades or churns, developing targeted strategies to ensure account health. Communication with clients is also key to gather insights and adjust our approach as necessary.

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How do you handle challenging client situations or conflicts?

I believe in direct communication and transparency. When conflicts arise, I focus on actively listening to the client's concerns, empathizing with their position, and working collaboratively to find a solution that addresses their needs while aligning with company capabilities and resources.

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Describe how you would approach account renewal processes?

When approaching account renewals, I start well in advance by assessing each customer's utilization patterns and understanding their specific use cases. I engage with clients early to discuss their experiences and gather feedback, ensuring that any concerns are addressed ahead of time to secure a smooth renewal process.

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What steps do you take to maintain a high client retention rate?

To maintain a high client retention rate, I prioritize consistent communication and relationship-building, ensuring that clients feel valued and supported. I also regularly assess account usage and proactively identify opportunities for upselling or additional support that aligns with their evolving needs.

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How do you utilize CRM software in your daily responsibilities?

I rely heavily on CRM software to track interactions with clients, manage follow-up tasks, and monitor account health. Utilizing its reporting features, I can analyze trends and metrics, ensuring I maintain an active pipeline and identify new growth opportunities effectively.

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In your opinion, what are the key traits of a successful Inside Account Manager?

Successful Inside Account Managers are proactive communicators, empathetic listeners, and strategic thinkers. They are organized and detail-oriented, able to handle multiple accounts efficiently while being adaptable to changing client needs and sales dynamics.

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How would you ensure cross-functional collaboration in your role?

To ensure cross-functional collaboration, I would regularly communicate with teams such as product and support to align efforts and share insights. Establishing a rhythm of meetings or check-ins increases collaboration and ensures we collectively address client needs and satisfaction.

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Why is understanding customer needs critical for an Inside Account Manager at Progress?

Understanding customer needs is paramount because it allows the Inside Account Manager to tailor solutions that truly resonate with the client. By aligning our product offerings with their specific goals and challenges, we foster trust and loyalty, ultimately driving greater retention and revenue growth for Progress.

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​​​​​​​​​​​​​​To be the trusted provider of the best products to develop, deploy and manage high-impact applications.

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Full-time, hybrid
DATE POSTED
November 26, 2024

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