Full-Time

Director of Product

Driver Earnings

Posted on 1/29/2025

Lyft

Lyft

10,001+ employees

Ride-sharing platform connecting drivers and passengers

Automotive & Transportation

Compensation Overview

$236k - $295kAnnually

+ Equity Offering + Bonus

Expert

Company Historically Provides H1B Sponsorship

San Francisco, CA, USA

Team Members will be expected to work in the office 3 days per week on Mondays, Wednesdays, and Thursdays. Hybrid roles have the flexibility to work from anywhere for up to 4 weeks per year.

Category
Product Management
Product Strategy
Product
Required Skills
Data Science
Product Management
Marketing
Data Analysis

You match the following Lyft's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Demonstrated experience managing and growing a high performing team of product managers while providing development, mentorship, and excitement to exceed team and department goals
  • Minimum of 10 years in product management or relevant experience identifying investment opportunities
  • An academic background in Economics or related discipline with a solid understanding of incentive design
  • Strong communication, presentation, and client management skills across a diverse group of stakeholders
  • Experience in marketplace product design, especially on the labor side of the market
  • Experience with business operations including responsibility for a business’s PnL
  • Ability to remain flexible and thrive in ambiguity
  • Experience leading distributed teams across multiple geographies with varied cultures and working styles
  • Effective in influencing senior executives
  • Proven ability to manage multiple, competing priorities simultaneously
  • Passion for Lyft and what we are trying to achieve in sustainable urban transportation
Responsibilities
  • Manage and grow a team of high caliber product managers, providing them with development, mentorship, and coaching to help them achieve theirs and Lyft's goals
  • Be the product leader driving our strategic product and technology vision for the Driver Earnings teams
  • Incorporate end-to-end impact of earnings decisions on drivers, riders, and, ultimately, on network growth
  • Be an inspiring communicator for the team’s ambitions with a leadership presence in team all-hands, reviews with our partner teams, and reviews with Lyft’s executive team
  • Develop and execute a customer-focused product roadmap via close collaboration with senior leadership, Finance, Data Science, Analytics, Design, Marketing, Engineering, Legal, and Policy
  • Understand the competitive landscape and both general/ industry trends as well as local movements in driver experiences to inform product strategies + roadmaps
  • Review how product managers reporting to you translate customer and internal user needs into clear, well-defined functional and technical requirements backed by data analysis and deep understanding of the marketplace
  • Guide and interface closely with data science, analysts and engineers to review and refine scope and technical capabilities, prioritize projects for release, and define new opportunities

Lyft connects passengers with drivers through a mobile app, primarily serving urban commuters, students, and tourists in the United States and Canada. The platform offers various ride options, including standard, luxury, and shared rides, catering to different customer preferences. Lyft operates on a gig economy model, where drivers use their own vehicles, and the company earns revenue by taking a commission from each ride fare. In addition to car rides, Lyft provides bike and scooter rentals, and has a subscription service called Lyft Pink that offers benefits for a monthly fee. The company prioritizes safety and community guidelines to ensure a secure experience for users, while also supporting drivers with flexible payment options. Lyft's goal is to provide reliable transportation solutions while diversifying its revenue streams through various services.

Company Stage

IPO

Total Funding

$4.8B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with May Mobility Inc. positions Lyft as a leader in autonomous ride-sharing.
  • New upfront Fair screen enhances transparency, improving user satisfaction and retention.
  • Investment by Weiss Asset Management indicates confidence in Lyft's growth potential.

What critics are saying

  • $100 million tax dispute with San Francisco could lead to financial liabilities.
  • Autonomous vehicle deployment may face regulatory hurdles and public skepticism.
  • Lawsuit over workers' rights could increase scrutiny on Lyft's gig economy model.

What makes Lyft unique

  • Lyft offers a diverse range of services including bike and scooter rentals.
  • The company emphasizes safety and community guidelines for a secure user experience.
  • Lyft provides flexible payment options, attracting a wide range of gig economy drivers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Mental Health Support

Family Planning Benefits

Unlimited Paid Time Off

401(k) Retirement Plan

Paid Parental Leave

Pre-tax commuter benefits

Hybrid Work Options