Data Scientist, Lyft
Algorithms Pricing, Optimization
CA$108-135k
Ride sharing company
Open for applications
Ride sharing company
1001+ employees
Open for applications
CA$108-135k
1001+ employees
Company mission
To improve people’s lives with the world’s best transportation.
Role
Who you are
- Ph.D. in Operations Research, or other quantitative fields or related work experience
- Proven experience with building and evaluating optimization models
- Proficiency with Python and working in a production coding environment
- Passion for solving unstructured and non-standard mathematical problems
- End-to-end experience with data, including querying, aggregation, analysis, and visualization
- Strong verbal and written communication skills, and ability to collaborate and communicate with others to solve a problem
What the job involves
- Data Science is at the heart of Lyft’s products and decision-making
- As a Data Scientist on the cross-functional team, you will work in a dynamic environment, tackling a variety of problems by leveraging optimization and inference to shape critical business decisions
- We seek passionate, driven Data Scientists to address some of the most interesting and impactful problems in ridesharing
- We are hiring a New Grad Data Scientist to join the Pricing team
- The Pricing team owns the models and software systems that determine the prices shown to riders
- Working with our business and analytics partners, the team owns tools to ensure Lyft offers competitive prices while making efficient financial trade-offs
- We're looking for someone who is passionate about solving mathematical problems with data, and are excited about working in a fast-paced, innovative and collegial environment
- In this role, you will report to a Data Science Manager
- Partner with Engineers, Product Managers, and Business Partners to frame problems mathematically and within the business context
- Prioritize and lead deep dives into our data to uncover new product and business opportunities
- Be familiar with production code; collaborate with Software Engineers to implement algorithms and models in production
- Design, implement, and analyse different types of experiments, and facilitate and foster data-driven and informed decision making and prioritization
- Establish metrics that measure the health of our products, as well as rider and driver experience
- Drive collaboration and coordination with cross-functional teams
- Provide coaching and technical guidance for other teammates
Our take
Lyft has aimed for consistent growth, making sure to pitch itself as a more reliable and friendly ride-sharing option than its main competitor, Uber. Uber has a greater market share and operates globally, but Lyft hopes to compete by its focus on ride-sharing over Uber's more diversified business approach and as a more rider-friendly and greener alternative to Uber.
Operating only in the USA and Canada, Lyft is in a position of being less affected by global events than Uber but also more vulnerable to local conditions. As an example, while it doesn't face the regulatory hurdles around employment rights that Uber does, it is unable to balance out the cost of the unusually expensive US auto insurance across its operations.
In 2022, Lyft acquired PBSC Urban Solutions, a bike-share equipment and technology supplier, allowing Lyft to compete in new verticals and reaffirming its commitment to green transportation. It has also trialed and launched Lyft Assisted, where drivers help passengers from their door into the car to get to medical appointments. These developments chime well with Lyft's unique selling point as a friendlier and more environmentally aware ride-sharing app.
Steph
Company Specialist at Welcome to the Jungle
Insights
-2% employee growth in 12 months
Company
Funding (last 2 of 14 rounds)
Jun 2018
$600m
LATE VC
Mar 2018
$200m
LATE VC
Total funding: $4.9bn
Company benefits
- Great medical, dental, and vision insurance options
- Mental health 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
- Family building benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
Company HQ
China Basin, San Francisco, CA
Leadership
John Zimmer
(Co-Founder)Originally an Analyst at Lehman Brothers, Zimmer then founded Zimride which was a private ridesharing company that pivoted into Lyft.
Logan Green
(Co-Founder)Founded Zimride, a private ridesharing company which later pivoted into Lyft.
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