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Staff Product Manager I, Base Pricing

Lyft

San Francisco, CA

$176,000 - $220,000 a year

SeniorOn-siteProduct

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At Lyft, our purpose is to serve and connect. We aim to achieve this by cultivating a work environment where all team members belong and have the opportunity to thrive.
Lyft connects people to transportation to change the way we live and get around our communities.
We are looking for product managers who bring exceptional creative, strategic, and analytical skills to drive forward a best in class product.
Product management at Lyft leads the integration of engineering, data science, and design to achieve the company's vision for reinventing transportation.
We are looking for entrepreneurial and passionate Product Managers to innovate and execute across a rapidly growing, fast paced company and industry.
Pricing is the primary economic engine of Lyft's marketplace — a high-precision, real-time system that processes millions of fare calculations per hour, balancing rider affordability, driver earnings, and Lyft's sustainable growth.
The Pricing team sits at the intersection of the marketplace, mediating between rider demand and driver supply, and is a core pillar of the Rider Organization.
The Base Pricing Team owns the systems that set the base price of a Lyft ride for every ride type, region, and ride intent.
Behind these base prices is a machine-learning and optimization stack that predicts how the Lyft marketplace responds to price, translates the cost of serving a ride into a price, and recommends price changes across hundreds of markets every week.
Base prices are the foundation of every fare, and they set the reference point that dynamic pricing and rider discounts build on.
The team serves two sets of customers: riders, who should see prices that are fair, competitive, and matched to what they value; and the analysts and market managers who use our models and tools to set pricing strategy.

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