L

Lyft

Runs a ride-hailing app and bike-share systems

Risk Analyst

Full-TimeUpdated
$98k - $122.5k+ Equity + Bonus
Mid
Bachelor's
San Francisco, CA, USA
HybridHybrid schedule: in-office Mondays, Wednesdays, and Thursdays (3 days per week); remote work from anywhere for up to 4 weeks per year.
InsuranceInsurance Sales & Agency
Company Historically Provides H1B Sponsorship

About the job

Requirements
  • A minimum of 4 years of experience in property and casualty insurance at an insurance carrier, broker, or in a risk management role.
  • A bachelor's degree or equivalent in Business, Finance, Accounting, Economics, Insurance, or a related field.
  • Strong communication and presentation skills.
  • Strong organization and time management skills.
  • Ability to balance attention to detail with a fast-paced environment.
Responsibilities
  • Manage and/or assist in the renewal cycle for select commercial insurance programs.
  • Act as an insurance subject matter expert and advise internal teams on potential risks and insurance coverage requirements for company initiatives.
  • Maintain relationships with broker and carrier partners.
  • Review and negotiate insurance terms in contracts.
  • Document and track coverage structures and rates.
  • Provide administrative support for insurance programs, including assistance on certificates of insurance, renewal submissions, policy and form reviews, and stewardship meetings.

About the company

Lyft runs a ride-hailing app that connects riders with nearby drivers in the United States and Canada, and its Freenow app books taxis and other rides across Europe. In 2019, it became the first ride-hailing company to go public in the United States, weeks ahead of Uber. Riders see the price before they book and pay through the app, and Lyft keeps a share of each fare while independent drivers, who use their own or rented cars, earn the rest. Lyft also runs bike-share systems such as New York's Citi Bike, sells ads inside its app, and dispatches self-driving cars from partner companies in some cities. Lyft was founded in 2012 and is based in San Francisco, California.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2012

Get referred to Lyft

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Demand keeps growing: active riders rose 17% to a record 30.5 million in mid-2026, including European taxi app Freenow.
  • Finances are steadier: after costs and capital spending, Lyft generated a record $1.12 billion of cash in 2025.
  • Partners bring in riders: a record 30% of North American rides were tied to partners like United Airlines in mid-2026.

What critics are saying

  • Uber is five times bigger: it booked $29 billion of rides in the June 2026 quarter, versus Lyft's $5.5 billion.
  • Stock grants have shrunk: Lyft shares fell 17% in 2026 through October 8, versus 14% for Uber.
  • Labor fights still cost: in October 2026, Lyft settled California's suit over drivers' contractor status for a state-record $272.5 million.

What makes Lyft unique

  • Lyft is also a bike company: city systems using its bikes, docks and software log 180 million rides a year.
  • Lyft keeps robotaxis running: its Flexdrive fleet unit manages Waymo's Nashville cars and opens an 80,000-square-foot depot in October 2026.
  • US drivers get a guaranteed cut: Lyft promises them at least 70% of weekly rider fares, after outside fees.

Help us improve and share your feedback! Did you find this helpful?

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

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

0%
Yahoo Finance
Oct 28th, 2026
Lyft's record riders and margin gains face 21.71% short interest and a $272.5M driver settlement

Lyft shares have stayed nearly flat since late August as fears over autonomous-vehicle competition and a $272.5 million California driver settlement offset growth. The stock traded at $16.79 on October 27, 2026, and has risen 17.57% since June, though it lost 16.13% over the past 12 months. The ride-hailing company keeps setting records for active riders, helped by premium rides, partnerships, and its European taxi service Freenow. Its first-half 2026 net income rose from $42.9 million to $64.5 million. Risks remain. About 21.71% of its float is sold short, against 2.48% for Uber. Hedge fund holders fell to 50 from 59, while Uber and DoorDash gained backers. Lyft's EV/EBITDA multiple is 37.64x, against 18.23x for Uber.

Yahoo
Oct 24th, 2026
Gig workers in California must be treated as employees by WorkWhile in $7.2 million agreement.

Gig workers in California must be treated as employees by WorkWhile in $7.2 million agreement. Morgan Taylor Sat, October 24, 2026 at 1:19 PM PDT San Francisco's latest crackdown on gig-work labor practices ended with another costly payout. WorkWhile, a company that offers short-term shifts through an app, must pay $7.2 million to workers by 2029 and begin treating them as employees instead of contractors. Here's what to know. The agreement covers claims that drivers were misclassified. WorkWhile agreed to pay $2.3 million on that front, including $2.1 million in restitution for drivers and $200,000 in city penalties, according to Mission Local. It did not admit wrongdoing. The agreement ends a lawsuit filed in June 2024 by San Francisco City Attorney David Chiu. His office said WorkWhile treated workers as independent contractors instead of employees, leaving them without the wage and hour protections employees receive. Starting Jan. 1, WorkWhile must classify all its workers as employees, per Mission Local. That status change brings protections and benefits such as paid breaks, sick pay, and workplace safety shields. More background. San Francisco alleged that people working non-driving shifts through the app in hospitality, food, and warehouse jobs were denied benefits and other protections. The city won a partial judgment and injunction in December 2024, which required WorkWhile to pay $1 million to those non-driver workers, Mission Local reported. Another partial settlement came in January and applied to some delivery drivers. WorkWhile agreed to pay $4.1 million to drivers who had worked shifts through Sept. 5, 2025, along with $400,000 in penalties to the city attorney's office. The fight was over who absorbs the cost of protections such as paid breaks, sick leave, and wage safeguards. The city argued those burdens were pushed onto workers. What's being done? San Francisco has made enforcement in this area a priority. Chiu has expanded a worker-protection unit with several attorneys, and his office has secured settlements with companies such as Lyft and GigSmart over alleged labor-law violations, Mission Local noted. In this case, the city relied on litigation, an approach that delivered compensation for affected workers and also required the company to change how it classifies workers in the future. The agreement covers what San Francisco says was a business practice that shifted legal obligations away from the company and onto workers. "With this settlement, WorkWhile will no longer deny its gig workers the wages and benefits they are owed," Chiu said in a statement. "California labor laws are clear, and gig companies cannot sidestep them to shortchange workers." For a broader look at worker protections, these stories examine changes in California and beyond. They cover sick leave, heat safeguards, and labor groups pushing for stronger protections. Get TCD's free newsletters for easy tips, smart advice, and a chance to earn $5,000 toward home upgrades. To see more stories like this one, change your Google preferences here.

Al Arabiya
Oct 23rd, 2026
China's Baidu tests driverless taxis on London streets

China's Baidu tests driverless taxis on London streets The company aims to launch a commercial self-driving taxi service in London by next year Riyadh - Al Arabiya Business Published: October 23, 2026: 07:20 PM GST Last updated: October 23, 2026: 07:45 PM GST Listen to the article. The audio narration is automatically generated by an automated system. London, the British capital, witnessed a test of a self-driving taxi, model RT6, in cooperation between Free Now, the US-based unit of Lyft, and Apollo Go of China's Baidu, the manufacturer of the new car. The two companies said they hope to launch a driverless taxi service in the city by next year. The two companies began testing the new cars on London streets with backup drivers during the summer months, and they hope to provide fully driverless cars in the city with the aim of launching the service on a commercial scale next year, according to Reuters. The partnership between Lyft, which specializes in ride-hailing services and is based in San Francisco, and Baidu in London comes at a time when the US Senate is working to pass a permanent ban on Chinese cars in the United States, pushing more companies to focus on Europe. Competition is intensifying among developers of self-driving taxis in London. The British self-driving car startup Wayve and Uber, a competitor of Lyft, launched a self-driving taxi service in London in September, initially with a human safety driver behind the wheel. The US self-driving taxi company Waymo, a unit of Alphabet, the owner of Google, also aims to launch a fully driverless passenger transport service in London by the end of this year.

Small Business Trends
Oct 23rd, 2026
Lyft launches quick phone return service, get your device back in hours.

Lyft launches quick phone return service, get your device back in hours. In an age where our smartphones have transformed into extensions of ourselves, the panic that ensues after leaving your phone behind in a rideshare vehicle is all too real. Lyft is rolling out an innovative feature to help users recover lost phones quickly and efficiently - a timely upgrade that small business owners will find particularly beneficial as it offers a lifeline for those who rely heavily on their devices for both personal and professional tasks. Lyft has introduced a return phone ride feature designed specifically to assist riders in retrieving phones they inadvertently leave behind. With this service, returning a lost phone typically takes just a couple of hours, drastically reducing recovery time that previously could stretch to several hours - even up to a day. This process is straightforward and user-friendly. Should you find your phone missing after exiting your Lyft ride, you can request a return ride from the Lyft Help center using another device, such as a friend's phone or a laptop. After entering your location and the desired time for the pick-up, your assigned driver will deliver your phone directly to you, eliminating any need for time-consuming back-and-forth communications. Discover more Business funding resources Small business courses Office product deals "Because everything happens in the Lyft Help center, there's no swapping phone numbers with your driver or going back and forth over meetup times," Lyft emphasizes. This streamlined approach is particularly appealing to business owners who prioritize efficiency in their operations. The statistics speak volumes: approximately 80% of riders receive their phones the same day they were lost, and nearly half are returned in less than two hours after the feature's launch. This is a marked improvement compared to the previous average recovery times. As many entrepreneurs and small business owners can attest, a day without access to mobile contacts, emails, and crucial business information can lead to lost opportunities and revenue. In addition to phones, Lyft is looking to expand this service to include other misplaced personal items, such as jackets, wallets, and laptops, by the end of winter 2026. This enhancement signals a commitment to developing a comprehensive support system for riders, which could serve as invaluable assistance for businesses where time is money. However, despite the evident advantages, small business owners should consider potential challenges associated with relying on this new feature. Firstly, while the service is free for Lyft Pink members, non-members will incur ride costs that vary based on distance, traffic, and demand at the time of the return. This variability might raise some cost concerns for businesses operating on tight budgets. Additionally, while the service suggests that drivers will operate efficiently to return lost items promptly, delays could occur due to logistical challenges such as traffic or driver availability. If a business relies heavily on instant access to an operational phone, this could create disruption. Discover more Business startup guide Small business ideas Buy a business Looking ahead, Lyft has teased plans for a lost item detection system. This would notify users if they forgot an item in a vehicle, potentially before they even realize it. Such advancements could further reduce the stress of lost items and strengthen Lyft's utility for small businesses. Overall, Lyft's new return phone ride feature is set to redefine how small business owners manage their mobility and connectivity, ensuring that they experience minimal disruption even when mishaps occur. In a world where losing a phone can feel like losing touch with reality, this initiative by Lyft showcases how technology can bridge gaps and enhance everyday experiences for both individuals and businesses alike. For more details, visit the Lyft Help Center here. Image via Google Gemini

Professional Driver Magazine
Oct 19th, 2026
Lyft to rebrand TBR Global as Alcove in 2027, creating major Blacklane rival.

Lyft to rebrand TBR Global as Alcove in 2027, creating major Blacklane rival. By Mark Bursa | 19 October 2026, 22:05 Ride-hailing giant Lyft has announced plans to rebrand its recently acquired chauffeur operation TBR Global Chauffeuring as Alcove. Alcove will be US-based Lyft's dedicated brand for global chauffeuring services, and will compete directly with Blacklane, which was recently acquired by Lyft's main global rival, Uber. The name change will happen in early 2027, the company said in a statement. Alcove will combine TBR Global Chauffeuring's service expertise and global network with new technology to modernise global corporate ground transportation Lyft's statement said: "Alcove will combine high-touch service and a world-class passenger experience with greater visibility and control across global corporate travel programmes." Business customers will be able to access Alcove in early 2027 through a new portal and through current TBR channels, followed by a new mobile app later in the spring. In addition to current TBR Global Chauffeuring customers, Alcove will serve new corporate travel programs, bookers, and passengers around the world, which is expected to bring incremental gross bookings and strong margins to Lyft. Building on TBR's three decades of expertise, Alcove will support complex and high-profile trips, including VIP travel, events, and journeys involving multiple vehicles or extended bookings. Initially the new Alcove portal will be open to managed business account customers, with self-service access and a mobile app to follow later in the spring. Additionally, Alcove will continue to support customers through experienced service teams and other channels, including direct corporate and travel management company (TMC) relationships. Alcove marks another step in Lyft's expansion beyond on-demand rideshare, extending the company's reach into a global chauffeur market worth tens of billions of dollars. While Alcove will be a separate brand, Lyft Business customers will also be able to access its services. "Lyft is moving up and out, creating customer-obsessed products up and down the value chain and in more places around the world. Alcove supercharges that strategy," said Lyft CEO David Risher. "Great chauffeurs go above and beyond, and with Alcove, we are excited for more people to experience the highest levels of service. Like the bridge instead of the tunnel? Prefer 72 degrees? Want the rear window open just a bit? That's what Alcove will offer." Global Business Travel Association research highlights the challenges of managing global corporate travel programs: 61% of travel buyers say managing travel across regions is challenging, while only 12% have a consolidated view of their program from a single data source. Alcove aims to give program managers greater visibility and control, bookers confidence that trips can be reliably managed, and passengers a premium experience built around their needs. Alcove brings together TBR's established service network across six continents and Lyft's experience in executing one billion rides a year. Since Lyft acquired TBR, the business has grown rapidly, recording its best-ever quarter in Q2 2026. Posted in News