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Average Risk Manager Salary in Italy for 2026

A risk manager in Italy earns about 89,800 EUR a year. That's 99% above the national average of 45,200 EUR.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Italy sit around 41,660 EUR a year, while the very top stretches to 138,800 EUR. Everything on this page is in Euro (EUR, symbol €), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Italy, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a risk manager make in Italy?

Average salary
89,800 EUR
7,483 EUR per month
Lowest reported
41,660 EUR
3,471 EUR per month
Highest reported
138,800 EUR
11,566 EUR per month

A typical risk manager working in Italy brings home around 7,483 EUR a month before tax. Entry-level pay starts near 41,660 EUR, and the top of the ladder reaches roughly 138,800 EUR for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior risk manager working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the risk manager salary in Belgium or Netherlands, both of which pay in the same currency.


How risk manager pay ranges in Italy

A good way to think about salary in Italy is to look at the distribution rather than the headline average. Half of all risk managers in Italy earn less than 96,980 EUR a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 62,100 EUR (the 25th percentile), and a quarter clear 125,700 EUR (the 75th percentile). The middle 50% of risk managers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 41,660 EUR. The highest stretch to 138,800 EUR, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

41,660
Low
96,980
Median
138,800
High
62,100
25th
125,700
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in EUR

Risk manager pay by experience in Italy

Years of experience is the single biggest lever on pay for a risk manager in Italy, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical risk manager salary changes as you move through the career ladder.

  • 0-2 Years
    47,180 EUR
  • 2-5 Years
    +32% from previous
    62,060 EUR
  • 5-10 Years
    +46% from previous
    90,660 EUR
  • 10-15 Years
    +22% from previous
    110,380 EUR
  • 15-20 Years
    +9% from previous
    119,900 EUR
  • 20+ Years
    +8% from previous
    128,900 EUR

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 46%. That is the point at which a risk manager typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Risk manager pay by education in Italy

Education sits alongside experience as one of the biggest factors driving risk manager pay in Italy. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average risk manager salary in Italy broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    52,820 EUR
  • Master's Degree
    +97% from previous
    103,840 EUR

Risk manager gender pay gap in Italy

The gender pay gap is a stubborn feature of almost every labour market, and Italy is no exception. Male risk managers in Italy earn an average of 93,120 EUR a year, while female risk managers earn around 84,800 EUR. That works out to a 10% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Risk Manager gender pay gap

9%

Men earn this much more than women on average in Italy.

Men 93,120 EUR
Women 84,800 EUR

Pay raises for a risk manager in Italy

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Italy sees a raise of about 12% every 19 months, which works out to roughly 8% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Italy, the national average raise is around 8% every 17 months.

By industry

Industries with the highest pay raises in Italy:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Risk manager bonus rates in Italy

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

88%

88% of risk managers in Italy reported a bonus of some kind in the past twelve months. That makes a risk manager a high-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 5% to 9% of base salary. The remaining 12% of risk managers reported no bonus at all over the same period.

Which careers pay bonuses in Italy

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Risk manager: public vs private sector pay

Public-sector pay in Italy is about 5% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

5%

Public-sector workers earn this much more than private-sector workers in Italy on average.

Public sector 46,280 EUR
Private sector 44,180 EUR

Risk manager salary by city in Italy

Risk manager pay is not even across Italy. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Milano
  • Napoli
  • Rome
  • Torino
  • Palermo
  • Bologna
  • Trieste
  • Genova
  • Parma
  • Catania
LocationTypeAverageMedianRange
MilanoCity96,680 EUR105,980 EUR45,600-152,300 EUR
NapoliCity93,340 EUR100,580 EUR44,300-148,300 EUR
RomeCity91,580 EUR97,300 EUR43,480-146,200 EUR
TorinoCity88,600 EUR96,600 EUR42,320-142,300 EUR
PalermoCity84,800 EUR90,620 EUR40,420-136,200 EUR
BolognaCity84,580 EUR91,840 EUR38,620-137,400 EUR
TriesteCity82,520 EUR89,340 EUR40,140-134,600 EUR
GenovaCity81,880 EUR88,580 EUR39,160-128,500 EUR
ParmaCity80,920 EUR84,880 EUR38,180-127,700 EUR
CataniaCity79,260 EUR84,800 EUR35,260-127,700 EUR


Risk Manager in Italy: FAQs

  • How much does a risk manager make per month in Italy?

    A risk manager in Italy earns about 7,483 EUR a month before tax, based on an annual average of 89,800 EUR.

  • What's the salary range for a risk manager in Italy?

    Entry-level risk managers in Italy start near 41,660 EUR. Top-end pay reaches around 138,800 EUR. The middle 50% of earners sit between 62,100 and 125,700 EUR.

  • Is the median risk manager salary in Italy higher or lower than the average?

    The median is 96,980 EUR, higher than the average of 89,800 EUR. Half of risk managers in Italy earn below the median, half earn above it.

  • What's the gender pay gap for risk managers in Italy?

    Men working as a risk manager in Italy earn around 10% more than women on average (93,120 vs 84,800 EUR a year).

  • Do risk managers in Italy get bonuses?

    About 88% of risk managers in Italy reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 9% of base salary.

  • Do risk managers earn more in the public or private sector in Italy?

    In Italy, the public sector pays a risk manager about 5% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do risk managers in Italy get a pay raise?

    A risk manager in Italy sees a raise of around 12% every 19 months, equivalent to roughly 8% a year.