Staff Product Manager I, Base Pricing

Lyft • San Francisco, CA

20h • $176,000 - $220,000 • Hybrid

About The Position

Lyft is seeking a Staff Product Manager for its Base Pricing team, which owns the systems that set base prices for rides across ride types, regions, and ride intents. The pricing system uses machine learning and optimization to predict marketplace responses to price, translate ride-serving costs into prices, and recommend price changes across markets. Base prices underpin every fare and provide the reference point for dynamic pricing and rider discounts. The team serves riders seeking fair, competitive prices that reflect what they value, as well as analysts and market managers who use pricing models and tools to set strategy.

The Staff Product Manager will own the vision and roadmap for how Lyft sets base prices and define success metrics. The role works closely with engineers, scientists, analysts, and partner teams to align on a shared vision, set requirements, and prioritize requests. It also communicates roadmaps, experiment results, and pricing decisions to audiences across the company, including executives.

The role is hybrid, with employees expected to work in the office three days per week on Mondays, Wednesdays, and Thursdays. Hybrid employees may work from anywhere for up to four weeks per year. The expected base pay range in the San Francisco area is $176,000–$220,000, excluding potential equity, bonus, and benefits.

Requirements

• At least 5 years of product management or relevant experience, with significant experience in algorithmic, data-driven, pricing, or marketplace products.
• Deep technical understanding of microeconomics.
• Experience owning pricing, revenue management, or other economic levers with direct P&L impact.
• Experience running A/B tests and market-level experiments, applying statistical and causal-inference techniques to evaluate results, and developing post-launch testing strategies.
• Experience querying, aggregating, analyzing, and visualizing data; comfort working directly in SQL and with data science partners on model design.
• Ability to define and analyze product-success metrics and exercise sound judgment about product-ecosystem dynamics.
• Ability to manage ambiguity, complexity, and interdependencies across teams in an organized and structured way.
• Strong communication skills and judgment about communication strategy across teams, the company, and executive audiences.
• Passion for Lyft and sustainable urban transportation.

Nice To Haves

• Background in Operations Research, Econometrics, Machine Learning, or algorithmic systems.
• Experience with price optimization, elasticity modeling, or cost modeling.

Responsibilities

• Own the vision and roadmap for how Lyft sets base prices and define success metrics.
• Determine the optimal granularity for setting base prices, such as by time, location, and trip type.
• Improve how the base-price optimization engine works with downstream dynamic-pricing systems to respond to real-time market conditions.
• Re-evaluate how ride-fulfillment costs affect prices.
• Jointly optimize prices across ride types, including standard, alternative-mode, and scheduled rides.
• Improve the accuracy and trustworthiness of impact-estimation models for market management teams.
• Evolve base pricing for a hybrid network that includes autonomous vehicles.
• Work with engineers, scientists, analysts, and partner teams—including Driver Earnings, Verticals, and Market Management—to align on a shared vision, define requirements, and prioritize requests.
• Communicate roadmaps, experiment results, and pricing decisions clearly to partner teams and Lyft executives.

Benefits

• Medical, dental, and vision insurance options, with additional programs available when enrolled.
• Mental health benefits.
• Family-building benefits.
• Child care and pet benefits.
• 401(k) plan with company match.
• 12 observed holidays; salaried team members receive discretionary paid time off, while hourly team members receive 15 days of paid time off.
• 18 weeks of paid parental leave for biological, adoptive, and foster parents.
• Subsidized commuter benefits.
• Monthly Lyft credits and complimentary Lyft Pink membership.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed