Group Product Manager II, Pricing
Leads a team of product managers owning Lyft's pricing lifecycle, including planned pricing, dynamic pricing, rider engagement, and price orchestration. Drives strategic vision for pricing optimization using data, algorithms, and cross-functional collaboration; requires 8+ years PM experience and 2+ years managing PMs.
Responsibilities
- Manage and grow a team of product managers, providing development, mentorship, and coaching to help them achieve their goals and Lyft's goals
- Be the product leader driving the strategic product and technology vision for Pricing — owning the system that directly impacts Gross Bookings, Active Riders, and Adjusted EBITDA Margin
- Set and align on business goals for pricing optimization with executives and business teams (e.g., what are we optimizing for and how does this vary by market, product, use case)
- Incorporate end-to-end impact of pricing decisions on riders, drivers, and ultimately on network growth
- Define short-term and long-term strategy to achieve those goals, setting your team's success metrics and roadmap to drive maximum impact
- Develop and execute a product roadmap via close collaboration with senior leadership, Finance, Data Science, Analytics, Design, Marketing, Engineering, Legal, and Policy
- 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
- Be an inspiring communicator for the team's ambitions with a leadership presence in team all-hands, reviews with partner teams, and reviews with Lyft's executive team
Experience
- 8+ years of product management or relevant experience, with significant time spent on algorithmic, data-driven, or marketplace products
- 2+ years of experience managing product managers
- A deep technical understanding of microeconomics, and ideally a background in Operations Research, Machine Learning, or algorithmic systems
- Demonstrated experience managing and growing a high performing team of product managers while providing development, mentorship, and excitement to exceed team and department goals
- Experience working in deep product domains — using data and experimentation to guide a large cross-functional team towards a long-term vision
- Strong communication, presentation, and stakeholder management skills across a diverse group of stakeholders, from partner teams to executive levels
- Ability to dive deep into complex technical concepts, but also abstract them to executives, stakeholders, operations, and legal
- Maintain a strong POV on what to build for users, amidst many different stakeholders with different goals and world-class scientists + engineers on the team with their own opinions
- Experience running A/B tests and using common statistical techniques to evaluate results, including developing post-launch testing strategies
- Passion for Lyft and what we are trying to achieve in sustainable urban transportation
Compensation
Expected base pay range in the San Francisco area: $208,000 - $260,000, not inclusive of potential equity offering, bonus or benefits.
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