Lyft
Staff Product Manager I, Base Pricing
Toronto, Canada. Posted 10 days ago
The role
You will own the vision and roadmap for how Lyft sets base prices and define success metrics. This involves optimizing the base price engine, re-evaluating fulfillment costs, and working with cross-functional stakeholders to align on pricing strategy.
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 for a hybrid network with autonomous vehicles
- Work with engineers, scientists, analysts, and partner teams 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
- Proficiency in SQL
- Ability to define and analyze metrics that inform product success
- Ability to manage ambiguity, complexity, and interdependencies
- 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
- Extended health and dental coverage options
- Life insurance and disability benefits
- Mental health benefits
- Family building benefits
- Child care and pet benefits
- Access to a Lyft funded Health Care Savings Account
- RRSP plan with company match
- Flexible paid time off for salaried team members
- 15 days paid time off for hourly team members plus an additional day for each year of service
- 18 weeks of paid time off for new parents
- Subsidized commuter benefits
- Lyft ride credits
Before you apply
- Lyft may use artificial intelligence to screen applicants
- This job fills an existing vacancy
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.