Full-Time

Risk Manager

Updated on 1/23/2025

Lyft

Lyft

10,001+ employees

Ride-sharing platform connecting drivers and passengers

Automotive & Transportation

Compensation Overview

$96.8k - $142.5kAnnually

+ Equity Offering + Bonus

Senior

Company Historically Provides H1B Sponsorship

Nashville, TN, USA + 1 more

More locations: San Francisco, CA, USA

Hybrid schedule requiring in-office presence 3 days a week (Mondays, Wednesdays, Thursdays).

Category
Risk Management
Finance & Banking
Required Skills
Risk Management

You match the following Lyft's candidate preferences

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

Degree
Experience
Requirements
  • 5-7 years of experience in P&C at an insurance carrier, broker or risk management role
  • Experience in auto risk and knowledge in auto policy forms required
  • Experience in leading project management for large, complex projects
  • Minimum of bachelor or equivalent degree in Business, Finance, Accounting, Economics, Risk Management 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
Responsibilities
  • Manage the renewal cycle for our corporate insurance programs by optimizing coverage structures, and facilitating broker and carrier relationships
  • Work closely with Lyft’s actuarial team to help with rate negotiations
  • Act as the insurance subject matter expert and advise internal teams on potential risks and coverage requirements for company initiatives
  • Review insurance limits and terms in contractual agreements and evidence insurance when required
  • 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 and solutions that are tailored to business needs
Desired Qualifications
  • Passionate about Lyft and ridesharing
  • Highly innovative

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 needs. Drivers use their own vehicles, and Lyft 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, which offers benefits for a monthly fee. The company also explores self-driving technology to stay competitive. Lyft prioritizes safety and community guidelines, ensuring a secure experience for users, and supports drivers with flexible payment options, allowing them to cash out earnings instantly. Overall, Lyft aims to provide versatile transportation solutions while maintaining a steady income through diverse revenue streams.

Company Stage

IPO

Total Funding

$4.8B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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