Compensation Overview

At Lyft, our mission is to improve people’s lives with the world’s best transportation. To do this, we start with our own community by creating an open, inclusive, and diverse organization.

The Risk team at Lyft is committed to innovative and evolving insurance solutions that address our business needs. The Director, Risk Management role will lead insurance procurement at Lyft for Rideshare, Bikes & Scooters, Fleet and Corporate, as well as act as the primary point of contact for key broker and carrier partners. This person will also serve as the conduit for internal teams and business units that are seeking to collaborate with the Risk team on key initiatives, such as product innovation that makes the platform safer, policy initiatives that better support riders and drivers, or finance and legal collaboration. We are seeking a candidate with a strong understanding of property and casualty insurance, ideally experience working at the intersection of tech and insurance in the gig economy, and compelling interpersonal and relationship-building skills who is excited to join a dynamic team.

Responsibilities:

• Manage the strategy, full renewal cycle and day-to-day maintenance of all of Lyft’s insurance programs
• Establish and build relationships with insurance carrier and broker partners
• Lead a team of risk managers and analysts each responsible for their own portfolio of insurance programs 
• Partner with Lyft’s Actuarial, Claims and Legal teams to ensure optimal renewal outcomes and structures
• Act as an insurance subject matter expert and advise internal teams on potential risks and coverage requirements
• Work hand-in-hand with the Policy and Govt Affairs teams to advocate for common-sense insurance statutory and tort reform
• Provide internal training on Lyft’s insurance programs
• Review insurance limits and terms in contractual agreements and evidence insurance when required
• Work with the communications team to address media inquiries related to insurance
• Assess existing insurance structures of potential acquisition targets and create pre- and post-acquisition insurance plans
• Document and track coverage structures, rates and renewal calendar
• Opine on and create new insurance structures that are tailored to business needs

Experience:

• Minimum of 15 years of experience in P&C at an insurance carrier, broker or risk management role
• Minimum of bachelor or equivalent degree in Business, Finance, Accounting, Economics, Insurance or a related field
• Great communication and presentation skills
• Strong organization and time management skills
• Balance attention to detail with fast-paced Lyft environment
• Passionate about Lyft and ridesharing
• Highly innovative

Benefits:

• Great medical, dental, and vision insurance options
• Mental health benefits
• Family building benefits
• In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off
• 401(k) plan to help save for your future
• 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
• Pre-tax commuter benefits
• Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program

Lyft is an equal opportunity/affirmative action employer committed to an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.  

This role will be in-office on a hybrid schedule — Team Members will be expected to work in the office 3 days per week on Mondays, Thursdays and a team-specific third day. Additionally, hybrid roles have the flexibility to work from anywhere for up to 4 weeks per year.

The expected range of pay for this position in the San Francisco area is $219,375- $243,750. Salary ranges are dependent on a variety of factors, including qualifications, experience and geographic location. Range is not inclusive of potential equity offering, bonus or benefits. Your recruiter can share more information about the salary range specific to your working location and other factors during the hiring process.