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Lyft

Risk Analyst

Lyft is hiring a Risk Analyst in New York, United States. It pays $98k-$123k a year and Level rates it ; you can apply on Lyft.

Level's read on this job

  • On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
  • Tools and skills the posting cites include commercial insurance, risk management and contract negotiation.
  • Level classifies it as a mid-level role.
  • Level lists 175 other open roles at Lyft.

AI in this role

Manage commercial insurance programs and risk assessment processes at Lyft.

commercial-insurancerisk-managementcontract-negotiationbroker-management

At Lyft, our purpose is to serve and connect. We aim to achieve this by cultivating a work environment where all team members belong and have the opportunity to thrive.

The Risk team at Lyft is committed to innovative and evolving insurance solutions to accurately address our exposures. The Risk Analyst role will facilitate the placement of select commercial insurance programs by working with a broad range of teams internally as well as our broker and carrier partners. We are looking for a candidate with a strong understanding of commercial insurance that is excited to join a dynamic and growing team.

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

Experience:

  • Minimum of 4 years of experience in P&C at an insurance carrier, broker or risk management role
  • Bachelor or equivalent degree in Business, Finance, Accounting, Economics, Insurance 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

Benefits:

  • Great medical, dental, and vision insurance options with additional programs available when enrolled
  • Mental health benefits
  • Family building benefits
  • Child care and pet benefits
  • 401(k) plan with company match to help save for your future
  • In addition to 12 observed holidays, salaried team members have discretionary paid time off, hourly team members have 15 days paid time off
  • 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
  • Subsidized commuter benefits
  • Monthly Lyft credits and complimentary Lyft Pink membership

Lyft is an equal opportunity employer committed to an inclusive workplace that fosters belonging. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, age, genetic information, or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.

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 3 days per week 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. Additionally, hybrid roles have the flexibility to work from anywhere for up to 4 weeks per year. #Hybrid

The expected base pay range for this position in the New York City area is $98,000 - $122,500, not inclusive of potential equity offering, bonus or benefits. Salary ranges are dependent on a variety of factors, including qualifications, experience and geographic location. Your recruiter can share more information about the salary range specific to your working location and other factors during the hiring process.

How we rate this

Risk Analyst at Lyft rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Commercial InsuranceRisk ManagementContract NegotiationBroker Management

Questions you could be asked

  1. Tell me about a project where commercial insurance was part of your work. What did you do?
  2. Tell me about a project where risk management was part of your work. What did you do?
  3. Tell me about a project where contract negotiation was part of your work. What did you do?
  4. Tell me about a project where broker management was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Commercial Insurance, Risk Management, Contract Negotiation, and Broker Management. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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