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Customer Retention Manager

  • ... Posted on: Sep 09, 2024
  • ... Anansys Staffing LLC
  • ... West Los Angeles, California
  • ... Salary: Not Available
  • ... Full-time

Customer Retention Manager   

Job Title :

Customer Retention Manager

Job Type :

Full-time

Job Location :

West Los Angeles California United States

Remote :

No

Jobcon Logo Job Description :

Job Title : Customer Retention Manager
Location : West Los Angeles, CA
Type : Fulltime, direct hire

We are seeking a Customer Retention Manager specialized mainly in overseeing processes and metrics directly related to customer retention, loyalty, and churn. The Retention Manager's primary role is to ensure accounts are getting the value they're paying for and thus achieve their goals with the product or service, leading to increased customer stickiness and retention.
A retention manager works with the customer success team to plan and implement data-led strategies to reduce customer churn. They oversee the execution of agreed-upon tactics, engaging with customers before, during, and after the process is complete for that customer.

While increasing customer retention is good, the true goal of a Customer Retention Manager is to foster customer loyalty and build connections with their most loyal clients, leading to long-term, brand-defining business relationships.
Essentials Duties and Responsibilities:
Planning data-led churn reduction tactics and overseeing implementation in a customer-first manner.
Monitoring relevant metrics for customer goals and keeping account overviews.
Creating automated processes for churn precursors and communicating with customers proactively whenever they're in danger of churning to prevent support issues, foster customer loyalty, and promote good business relationships.
Analyzing accounts, researching customer behavior, and creating predictive models of the customer journey.
Reaching out to customers before their respective renewal dates to negotiate contracts.
Implementing credit card expiration date notifications, dunning emails, direct debit payments, or account updaters to prevent involuntary customer churn.
Working with expansion and upsell managers (or other CS team members) to create upsell and cross-sell offers that directly address known customer pain points.
Analyzing churn reasons, creating an offboarding process and checklist, and conducting offboarding interviews to determine why customers are leaving.

Education and/or Work Experience Requirements:
Minimum 2 years of experience in Customer Success or Customer Support. Relevant courses / training are nice-to-have but only required by some job postings.
Excellent communication skills and the ability to transform customer conversations into business-driving relationships while still managing to serve the customers' goals as best as possible.
Advanced knowledge of churn reduction tactics and experience implementing them to save accounts from churning.
High emotional intelligence and empathy skills.
Customer service skills.
Strong analytical and goal-oriented mindset backed by basic-to-advanced project management knowledge.
Advanced IT&C knowledge and capabilities, experience with automation, and ability to learn new software tools on the job.

Jobcon Logo Position Details

Posted:

Sep 09, 2024

Employment:

Full-time

Salary:

Not Available

Snaprecruit ID:

SD-CIE-408452bd912ad565cc5223ac047c65430c1e21c11075a4a8e80e5cb35a74dfe5

City:

West Los Angeles

Job Origin:

CIEPAL_ORGANIC_FEED

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Job Title : Customer Retention Manager
Location : West Los Angeles, CA
Type : Fulltime, direct hire

We are seeking a Customer Retention Manager specialized mainly in overseeing processes and metrics directly related to customer retention, loyalty, and churn. The Retention Manager's primary role is to ensure accounts are getting the value they're paying for and thus achieve their goals with the product or service, leading to increased customer stickiness and retention.
A retention manager works with the customer success team to plan and implement data-led strategies to reduce customer churn. They oversee the execution of agreed-upon tactics, engaging with customers before, during, and after the process is complete for that customer.

While increasing customer retention is good, the true goal of a Customer Retention Manager is to foster customer loyalty and build connections with their most loyal clients, leading to long-term, brand-defining business relationships.
Essentials Duties and Responsibilities:
Planning data-led churn reduction tactics and overseeing implementation in a customer-first manner.
Monitoring relevant metrics for customer goals and keeping account overviews.
Creating automated processes for churn precursors and communicating with customers proactively whenever they're in danger of churning to prevent support issues, foster customer loyalty, and promote good business relationships.
Analyzing accounts, researching customer behavior, and creating predictive models of the customer journey.
Reaching out to customers before their respective renewal dates to negotiate contracts.
Implementing credit card expiration date notifications, dunning emails, direct debit payments, or account updaters to prevent involuntary customer churn.
Working with expansion and upsell managers (or other CS team members) to create upsell and cross-sell offers that directly address known customer pain points.
Analyzing churn reasons, creating an offboarding process and checklist, and conducting offboarding interviews to determine why customers are leaving.

Education and/or Work Experience Requirements:
Minimum 2 years of experience in Customer Success or Customer Support. Relevant courses / training are nice-to-have but only required by some job postings.
Excellent communication skills and the ability to transform customer conversations into business-driving relationships while still managing to serve the customers' goals as best as possible.
Advanced knowledge of churn reduction tactics and experience implementing them to save accounts from churning.
High emotional intelligence and empathy skills.
Customer service skills.
Strong analytical and goal-oriented mindset backed by basic-to-advanced project management knowledge.
Advanced IT&C knowledge and capabilities, experience with automation, and ability to learn new software tools on the job.

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