At Lyft, our purpose is to serve and connect. Lyft connects people to transportation to change the way we live and get around our communities. We are looking for product managers who bring exceptional creative, strategic, and analytical skills to drive forward a best in class product. Product management at Lyft leads the integration of engineering, data science, and design to achieve the company's vision for reinventing transportation. Pricing is the primary economic engine of Lyft's marketplace — a high-precision, real-time system that processes millions of fare calculations per hour, balancing rider affordability, driver earnings, and Lyft's sustainable growth. Behind these base prices is a machine-learning and optimization stack that predicts how the Lyft marketplace responds to price, translates the cost of serving a ride into a price, and recommends price changes across hundreds of markets every week. Base prices are the foundation of every fare, and they set the reference point that dynamic pricing and rider discounts build on. The team serves two sets of customers: riders, who should see prices that are fair, competitive, and matched to what they value; Making our impact estimation models accurate and trusted by market management teams Evolving base pricing to function in a hybrid network with autonomous vehicles Work closely with cross-functional stakeholders (engineers, scientists, analysts), and partner teams (Driver Earnings, Verticals, Market Management) to align on a shared vision, define requirements, and prioritize inbound requests. 8+ years of product management or relevant experience,
with significant time spent on algorithmic, data-driven, pricing, or marketplace products A deep technical understanding of microeconomics, and ideally a background in Operations Research, Econometrics, Machine Learning, or algorithmic systems Experience owning pricing, revenue management, or other economic levers with direct P&L; impact; Experience running A/B tests and market-level experiments, using statistical and causal inference techniques to evaluate results, and developing post-launch testing strategies Experience with data, including querying, aggregation, analysis, and visualization; comfortable working directly in SQL and with data science partners on model design you manage ambiguity, complexity, and interdependencies across many teams in an organized and structured way Extended health and dental coverage options, along with life insurance and disability benefits Family building benefits Child care and pet benefits Access to a Lyft funded Health Care Savings Account RRSP plan with company match to help save for your future In addition to provincial observed holidays, salaried team members are covered under Lyft's adaptable paid time off policy.
The policy allows team members to take off as much time as they need (with manager approval). Hourly team members get 15 days paid time off, with an additional day for each year of service Lyft believes that every person has a right to equal employment opportunities without discrimination because of race, ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity, gender expression, age, marital status, family status, disability, pardoned record of offences, or any other basis protected by applicable law or by Company policy. Accommodation for persons with disabilities will be provided upon request in accordance with applicable law during the application and hiring process. Lyft highly values having employees working in-office to foster a collaborative work environment and company culture. This role will be in-office on a hybrid schedule — Team Members will be expected to work in the office at least 3 days per week, including on Mondays, Wednesdays, and Thursdays. Lyft considers working in the office at least 3 days per week to be an essential function of this hybrid role. Your recruiter can share more information about the various in-office perks Lyft offers. The expected base pay range for this position in the Toronto area is CAD $172,000
- CAD $215,000, not inclusive of potential equity offering, bonus or benefits. Lyft may use artificial intelligence to screen applicants, however, Lyft employees make the ultimate selection and hiring decisions.
📌 Staff Product Manager I, Base Pricing (Toronto)
🏢 Lyft
📍 Toronto