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Retention Strategist

Job in Augusta, Kennebec County, Maine, 04338, USA
Listing for: Lumen
Full Time position
Listed on 2026-06-24
Job specializations:
  • Business
    Business Development
Salary/Wage Range or Industry Benchmark: 97419 - 129891 USD Yearly USD 97419.00 129891.00 YEAR
Job Description & How to Apply Below

Lumen is the trusted network for the AI‑powered world, connecting people, data, and applications through our expansive fiber network and connected ecosystem. We enable secure, high‑performance connectivity across cloud, edge, and AI workloads for enterprises, governments, and communities.

At Lumen, you’ll work on infrastructure customers rely on today and build for what’s next, where performance, security, and resilience matter.

This is a high accountability environment where bold ideas drive real innovation for our customers, partners, and industry. The work is challenging, expectations are clear, and trust is built into how we operate. If you’re ready to take ownership, deliver meaningful impact, and help shape the future of AI‑ready connectivity, join us today.

The Role

The Retention Strategist is a critical member of the Large Enterprise GTM Customer Success organization. This role is responsible for driving customer retention, managing complex renewal processes, and identifying opportunities for account growth through strategic upsell and cross‑sell initiatives. The position requires a high level of business acumen, discretion, and independent judgment to influence pricing strategies, negotiate terms, and develop retention frameworks that align with organizational goals.

The Retention Strategist serves as a trusted advisor to customers, ensuring long‑term value and satisfaction while collaborating across multiple internal teams including Sales, Finance, Legal, and Customer Success.

The Main Responsibilities
  • Own and execute end‑to‑end renewal strategy, including forecasting, outreach, negotiation, and confirmation of contracts.
  • Develop and continuously improve retention playbooks and processes to maximize account value and minimize churn.
  • Exercise discretion in structuring complex deals, pricing adjustments, and migration strategies for high‑value accounts.
  • Collaborate with cross‑functional teams (Finance, Legal, Sales, Customer Success) to align renewal terms with company objectives.
  • Analyze competitor trends, market signals, and customer data to inform retention and expansion strategies.
  • Proactively identify and generate expansion opportunities within existing accounts, including upsell, cross‑sell, and add‑on services.
  • Handle escalations related to contract questions, negotiations, and requests, resolving issues with independent judgment.
  • Maintain and report a rolling 90‑day renewal forecast by segment and territory, providing strategic insights to leadership.
  • Lead initiatives to improve operational efficiency by identifying process gaps and implementing solutions.
  • Serve as a subject matter expert on retention strategies, providing guidance and training to internal teams as needed.
What We Look For in a Candidate
  • Bachelor’s degree or equivalent experience in business, communications, or related field.
  • 6+ years of experience in client‑facing roles, ideally within SaaS or enterprise technology environments.
  • Proven success in managing complex renewals and retention strategies with measurable results.
  • Demonstrated ability to exercise discretion and independent judgment in negotiations and strategic decisions.
  • Strong analytical skills with the ability to interpret data and develop actionable insights.
  • Exceptional communication, presentation, and collaboration skills across multiple stakeholders.
  • Experience influencing pricing strategies, migration planning, and account growth initiatives.
  • Proficiency in CRM tools and forecasting methodologies for managing renewal pipelines.
Compensation

This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location. Individual pay is based on skills, experience and other relevant factors.

Location Based Pay Ranges

$88,562 - $118,079 in these states: AL AR AZ FL GA IA  KS KY LA ME MO MS MT ND NE NM OH OK PA SC SD TN UT VT WI WV WY

$92,996 - $123,991 in these states: CO HI MI MN NC NH NV OR RI

$97,419 - $129,891 in these states: AK CA CT DC DE IL MA MD NJ NY TX VA WA

Lumen offers a comprehensive package featuring a broad range of Health, Life, Voluntary Lifestyle benefits and other perks…

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