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Payment Innovation Director II Risk Contracting Salary in the United States

How much does a Payment Innovation Director II Risk Contracting make in the United States?

As of September 01, 2026, the average salary for a Payment Innovation Director II Risk Contracting in the United States is $154,423 per year, which breaks down to an hourly rate of $74.

However, a Payment Innovation Director II Risk Contracting's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $178,348
  • Majority Range (25th-75th percentile): $142,291 to $166,946
  • Entry-Level (10th percentile): $131,245
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Payment Innovation Director II Risk Contracting Salaries

A Payment Innovation Director II Risk Contracting's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Payment Innovation Director II Risk Contracting Salaries?

Experience is a primary driver of a Payment Innovation Director II Risk Contracting's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $70,047
  • Early Career (1-2 years): $111,135
  • Mid-Level (2-4 years): $153,503
  • Senior-Level (5-8 years): $221,265
  • Expert (over 8 years): $283,610
Levels Salary
Provider ... Level Payment Innovation Director II Risk Contracting$70,047
Provider ... Level Payment Innovation Director II Risk Contracting$111,135
Payment I... Level Payment Innovation Director II Risk Contracting$153,503
VP of Pro... Level Payment Innovation Director II Risk Contracting$221,265
SVP of Pr... Level Payment Innovation Director II Risk Contracting$283,610
View as Graph

How Do Payment Innovation Director II Risk Contracting Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Payment Innovation Director II Risk Contractings. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $170,977.
  • California: $170,329.
  • Massachusetts: $168,059.

Top Paying Cities for Payment Innovation Director II Risk Contractings

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $194,774
  • San Francisco: $192,641
  • Oakland: $188,581

What Skills Can Increase a Payment Innovation Director II Risk Contracting's Salary?

Demanded Skills for the Role:

  • Commitment (Mentioned in 6.67% Job Postings): An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.
  • Economics (Mentioned in 6.67% Job Postings): Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
  • Health Maintenance (Mentioned in 6.67% Job Postings): Health maintenance is a guiding principle in health care that emphasizes health promotion and disease prevention rather than the management of symptoms and illness.
Skills Demand Percentage
Commitment 6.67%
Economics 6.67%
Health Maintenance 6.67%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Payment Innovation Director II Risk Contracting's salary.

  • Initiative: Can increase your salary by up to 6%.
  • Managerial Courage: Can increase your salary by up to 2%.
  • Decision Making: Can increase your salary by up to 2%.
Skill Salary Salary % Increase
Initiative $163,688
6%
Managerial Courage $157,511
2%
Decision Making $157,511
2%
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Payment Innovation Director II Risk Contracting Salary by Industry: Top Paying Sectors

For Payment Innovation Director II Risk Contracting roles, the industry you choose can impact your earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 30% above the average. Conversely, Payment Innovation Director II Risk Contracting positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Payment Innovation Director II Risk Contracting as a support function rather than a direct revenue driver.

The top paying industries for a Payment Innovation Director II Risk Contracting

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$200,750$97.030%
Healthcare$169,865$82.010%

How Education impacts a Payment Innovation Director II Risk Contracting's Salary?

Your level of education can impact your salary potential. While many Payment Innovation Director II Risk Contractings enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Payment Innovation Director II Risk Contracting with a Bachelor's Degree is between $172,668 and $183,733).

Payment Innovation Director II Risk Contracting Salaries by Degree Level

Typical Education for Payment Innovation Director II Risk Contracting
Degree Level % of user with this level of education
No Diploma 11.1%
High School 33.3%
Associates 11.1%
Bachelors 33.3%
Masters 55.6%
Doctorate 0.0%
View as Graph

Payment Innovation Director II Risk Contracting Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Payment Innovation Director II Risk Contracting's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$142,291
Average $154,423/year
$166,946
$11,858
Average $12,869/month
$13,912
$2,736
Average $2,970/week
$3,211
$68
Average $74/hour
$80
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $166,946 $13,912 $3,211 $80
Average $154,423 $12,869 $2,970 $74
25th Percentile $142,291 $11,858 $2,736 $68

Most common benefits for Payment Innovation Director II Risk Contracting

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Payment Innovation Director II Risk Contracting

Here are companies hiring for Payment Innovation Director II Risk Contracting and their salaries, click below for more details.

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FAQ about Payment Innovation Director II Risk Contracting

1. What industry pays the highest salary for Payment Innovation Director II Risk Contracting?

The Insurance industry offers the highest average compensation for Payment Innovation Director II Risk Contracting roles, with salaries approximately 30% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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