[Hiring] Principal Value Engineer @Elastic

Role Description

As a Principal Value Engineer at Elastic, you will have the chance to significantly influence our growth by partnering directly with our Enterprise and Strategic clients. Your role will be vital in helping these clients understand and leverage the full potential of our solutions, contributing to lasting relationships and the overall success of our company.

What You Will Be Doing

• Assess the value proposition of solutions to highlight their benefits for clients.
• Quantify the potential ROI of proposed implementations and analyze business challenges to recommend tailored solutions.
• Prepare and present findings to stakeholders and facilitate workshops to explore solution benefits and align on value.
• Engage with cross-functional teams to identify client needs and explore solution opportunities.
• Collaborate on proposal development to align value across the organization, ensuring a unified approach to client success.
• Develop and execute value delivery strategies tailored for clients to maximize their experience.
• Monitor and report on the success of these initiatives, providing insights to optimize current value propositions.
• Facilitate client workshops to ensure clear alignment on goals and evaluate processes to enhance client satisfaction and value realization.
• Lead the development of thorough business value reviews for key initiatives.
• Create detailed business cases to guide strategic investments and resource allocation.
• Analyze market data and client feedback to enhance the value review outcomes.
• Facilitate discussions with stakeholders to gather insights.
• Present the findings and business cases to executive leadership and key stakeholders.

Qualifications

• 5+ years with client-facing roles in a technical environment.
• Familiarity with industry trends and best practices in technology solutions.
• 5+ years of experience in value engineering, management consulting, or a related strategic customer-facing role within the enterprise software industry.
• Expert knowledge and experience in change process management, search, observability, and security technologies preferred.
• Advanced knowledge and experience in value-based-selling methodologies.
• Proven track record of building and delivering complex business cases to C-suite executives at global enterprises.
• Expertise in identifying and prioritizing use cases, implementing improvement measures, and becoming a change agent for Elastic customers by establishing a value delivery model.
• Ability to project manage across multiple workstreams, including defining scope, expectations, timelines, and delivery.
• Strong analytical and problem-solving skills; ability to act decisively with ambiguous guidance and circumstances.
• Ability to travel to meet clients is required (approximately 1x/month).
• Preference towards high tech, manufacturing, retail, and financial services.
• Competence in financial modeling and ROI analysis.
• Demonstrated success in driving measurable value realization for enterprise/strategic clients.
• Track record of facilitating high-impact workshops that align client objectives with solutions.
• Experience in delivering successful presentations to C-suite executives, translating complex technical concepts into business value.
• Experience with business value assessment techniques.

Requirements

• Compensation for this role is in the form of base salary plus a variable component, that together comprise the On-Target Earnings (OTE).
• On-Target Earnings (OTE) are based on a 70/30 pay mix (base salary / target variable).
• The typical starting OTE range for new hires in this role is:
• $184,200 — $291,400 USD
• The typical starting salary range for this role is:
• $138,200 — $218,600 USD
• The typical starting Target Variable range for this role is:
• $46,000 — $72,800 USD

Benefits

• Competitive pay based on the work you do here and not your previous salary.
• Health coverage for you and your family in many locations.
• Ability to craft your calendar with flexible locations and schedules for many roles.
• Generous number of vacation days each year.
• Increase your impact - We match up to $2000 (or local currency equivalent) for financial donations and service.
• Up to 40 hours each year to use toward volunteer projects you love.
• Embracing parenthood with a minimum of 16 weeks of parental leave.