Description
Elastic, the Search AI Company, is seeking a high-energy Mid Market Account Executive to drive net-new revenue within Mid Market accounts.
The successful candidate will own a defined territory, build their own pipeline, tell the Elastic Search AI story, and close complex, multi-stakeholder deals in a consumption-based model.
Key Responsibilities:
- Own territory & build pipeline: Develop and execute a proactive outbound cadence that generates ≥50% of booked opportunities.
- Deep discovery & qualification: Uncover pain, business impact, budget, and decision criteria using frameworks like MEDDPICC.
- Value storytelling & demos: Craft and deliver tailored narratives and live demos that map Elastic’s Search, Observability, and Security capabilities to measurable business outcomes.
- Mutual deal strategy & forecast accuracy: Collaborate with customers to build formal close plans and maintain ≥90% forecast accuracy.
- Executive negotiation & closing: Lead high-stakes contract and pricing discussions.
- Domain & cloud acumen: Position Elastic as the Search AI platform of choice by speaking fluently about cloud economics and modern data architectures.
- Cross-functional partnership: Work with Solutions Architects, Customer Success, Marketing, and RevOps to accelerate deals and drive exceptional customer outcomes.
Requirements:
- Proven SaaS quota-carrying success with 3+ years of experience closing complex SaaS deals.
- Expert discovery & qualification skills with demonstrated ability to apply MEDDPICC or equivalent frameworks.
- Compelling value storytelling and executive-level presentation skills.
- Strong negotiation chops with a history of landing multi-year, high-ACV contracts.
- Technical & cloud fluency with comfort discussing observability, security, and cloud cost optimization.
- Collaborative mindset & coachability with a track record of partnering effectively with internal teams.
- Open Source enthusiasm with a genuine appreciation for open-source communities.
Nice to Have:
- Prior experience at an open-source or developer-centric infrastructure company.
- Familiarity with observability or security analytics use cases.
Compensation:
- The typical starting OTE range for new hires in this role is $157,300-$248,900 USD.
- The role is eligible to participate in Elastic's stock program.
- The company offers a range of benefits, including a company-matched 401k and a holistic emphasis on employee well-being.
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