Nielsen

US Retail Renewal Lead

Illinois City, Illinois, United States

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Retail, Market ResearchIndustries

Job Description: Client Renewal Manager

Salary: $92,000 - $125,000 (Anticipated base compensation, actual salary may vary based on experience, qualifications, skills, and location. May be eligible for sales-based incentive or performance-based bonus.)

Location Type: Remote

Employment Type: Full-time

Position Overview

This role is critical to NIQ's success as it drives the retention and growth of our US retail clients. The focus is on understanding why our clients share data with NIQ, what they value in return, and how we can expand those partnerships in a way that is aligned to NIQ’s Retail strategy. This role contributes to driving strategy, building commercial constructs, and leading a negotiation approach yielding improved renewal outcomes. To be successful in this role, you must have strong negotiation skills, financial acumen, communication skills, and a tenacious appetite to deliver favorable outcomes.

Responsibilities

  • Manage the Renewal Health Tracker to identify and mitigate risks and liabilities ahead of renewals.
  • Plan renewal opportunities in advance to set goals and objectives.
  • Drive commercial strategy throughout renewals or Request for Proposals (RFPs).
  • Lead the analysis and preparation of the deal construct for Renewals, specifically price strategy, terms, and special provisions.
  • Partner with pricing experts to guide the internal process of pricing solutions for customer deals.
  • Ensure deals are accurate, timely, and can best deliver against the strategy developed.
  • Consult internal teams regarding the deal generation, financial drivers, and negotiation tactics.
  • Collaborate internally with cross-functional teams to align the strategy & win themes (Product, Ops, Commercial, Sales, Analytics).
  • Exercise humility in listening to others’ opinions to ensure all ideas are considered.
  • Effectively challenge and influence internal teams as needed to drive the best result.
  • Develop client-friendly documents for pitches that succinctly position proposals against the aligned win themes.
  • Review and interpret contract terms and conditions.
  • Negotiate agreements directly with customers and other stakeholders.
  • Collaborate with the legal team to draft contracts, ensuring inclusion of the most current legal language.
  • Contribute to gathering best-demonstrated practices to leverage in future deals.

Qualifications

  • Clear and concise communication skills to effectively engage with NIQ colleagues and clients.
  • Skilled at motivating others to work toward a specific vision.
  • Self-starter, extremely motivated to achieve outcomes on firm, tight deadlines.
  • Familiarity across NielsenIQ solutions, tools, and applications.
  • Excellent negotiation skills and confidence with articulating a strong deal position.
  • Proven experience demonstrating strategic thinking & creativity.
  • Ability to analyze and interpret complex information and contracts.
  • Attention to detail and ability to manage multiple projects simultaneously.
  • Strong organizational and time-management skills.
  • Ability to work both independently and as part of a team.
  • Effective listening skills.
  • Ability to drive results in a fast-paced environment.

Company Information

About NIQ:

NIQ is a global leader in data and analytics, providing a comprehensive understanding of what consumers buy and why. We are committed to helping our clients make smarter decisions and drive growth.

US Benefits

  • Comprehensive healthcare plan (medical, Rx, dental, and vision).
  • Flexible spending accounts and a Health Savings Account (including company contributions).
  • Life and AD&D insurance.
  • 401(k) retirement plan including company matching contributions.
  • Disability insurance.
  • Tuition Reimbursement.
  • Discretionary paid time off program and 11 paid holidays.
  • Flexible working environment.
  • Volunteer time off.
  • LinkedIn Learning.
  • Employee-Assistance-Program (EAP).

Other benefits include:

  • Flexible working environment.
  • Comprehensive health insurance.
  • Industry-leading parental leave.
  • Life insurance.
  • Education support.
  • And more.

Skills

Negotiation
Financial Acumen
Communication
Client Relationship Management
Contract Review
Pricing Strategy
Sales Strategy
RFP Management
Deal Structuring
Cross-functional Collaboration

Nielsen

Global measurement and data analytics provider

About Nielsen

Nielsen provides measurement and data analytics services to help businesses understand consumers and markets globally. The company operates through two main divisions: Nielsen Global Media, which offers reliable metrics for the media and advertising industries, and Nielsen Global Connect, which supplies consumer packaged goods manufacturers and retailers with actionable insights about the marketplace. Nielsen combines its proprietary data with other sources to give clients a comprehensive view of current trends and future opportunities. With a presence in over 100 countries, Nielsen aims to support companies in making informed decisions to drive innovation and growth.

Town of Clarkstown, New YorkHeadquarters
1963Year Founded
$45.1MTotal Funding
ACQUISITIONCompany Stage
Data & Analytics, ConsultingIndustries
10,001+Employees

Benefits

Health Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off

Risks

Competition from digital-native analytics firms threatens Nielsen's market share.
Privacy regulations may impact Nielsen's data collection capabilities.
Private equity acquisition could lead to strategic shifts misaligned with client needs.

Differentiation

Nielsen offers comprehensive cross-platform measurement solutions, including mobile media markets.
The Diverse Media Equity program elevates diverse-owned media companies' visibility.
Nielsen Impact Score evaluates marketing value of university athletic programs.

Upsides

Acquisition of Telephia enhances Nielsen's mobile media measurement capabilities.
Partnerships with P&G and NMSDC support diverse media representation.
Collaboration with TikTok improves digital audience measurement services.

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