Staff Product Manager I, Base Pricing

The role

You will own the vision and roadmap for how Lyft sets base prices and define success metrics. You will work with engineers, scientists, and analysts to optimize pricing engines and respond to market conditions.

What you will do

• Own the vision and roadmap for how Lyft sets base prices
• Define success metrics to measure base pricing
• Determine optimal granularity for setting base prices
• Improve how the base price optimization engine works with downstream dynamic pricing systems
• Re-evaluate how costs to fulfill a ride impact prices
• Jointly optimize prices across ride types
• Make impact estimation models accurate and trusted
• Evolve base pricing to function in a hybrid network with autonomous vehicles
• Work with cross-functional stakeholders to align on vision and prioritize requests
• Communicate roadmaps, experiment results, and pricing decisions to audiences up to the executive team

Required qualifications

• 8+ years of product management or relevant experience
• Significant time spent on algorithmic, data-driven, pricing, or marketplace products
• Deep technical understanding of microeconomics
• Experience running A/B tests and market-level experiments using statistical and causal inference techniques
• Experience with data, including querying, aggregation, analysis, and visualization
• Comfortable working directly in SQL and with data science partners on model design
• Ability to define and analyze metrics that inform the success of products
• Ability to manage ambiguity, complexity, and interdependencies across many teams
• Strong communication skills

Nice to have

• Background in Operations Research, Econometrics, Machine Learning, or algorithmic systems
• Experience owning pricing, revenue management, or other economic levers with direct P&L impact
• Experience with price optimization, elasticity modeling, or cost modeling

Benefits

• Medical, dental, and vision insurance options
• Mental health benefits
• Family building benefits
• Child care and pet benefits
• 401(k) plan with company match
• Discretionary paid time off for salaried team members
• 15 days paid time off for hourly team members
• 12 observed holidays
• 18 weeks of paid parental leave
• Subsidized commuter benefits
• Monthly Lyft credits
• Complimentary Lyft Pink membership

About the company

Lyft connects people to transportation to change the way they live and get around their communities. The company aims to achieve this by cultivating a work environment where all team members belong and have the opportunity to thrive.