Insurance Consulting - D&I Internship (Summer 2026)

Alpha FMC Summer Diversity Internship 2026

The Opportunity

Alpha’s Consulting Summer Diversity Internship offers people from diverse backgrounds the opportunity to experience first-hand a career in Consulting within our Insurance Division. We’re looking for talented undergraduates who meet our eligibility criteria (see Diversity Requirements and Candidate Profile) to support our consulting engagements over an 8 week period, from 6 July – 29 August 2026.

Diversity Requirements

To meet the diversity requirements, you must be able to answer ‘yes’ to statement 1, and ‘yes’ to either statement 2 (a or b) or statement 3 (a, b or c).

1. I attended a state comprehensive school, and did not attend a fee-paying school at any point between the ages of 4-18

 

And

1. 1. The occupation of my main householder earner when I was aged 14 is categorised as a lower socio-economic background* e.g.:
      • Technical and craft occupations
      • Routine, semi-routine manual and service occupations
      • Long-term unemployed
   2. I was eligible for Free School Meals (at any point) during my school years.

or

1. I am from one of the following ethnic minority backgrounds.
   1. Bangladeshi, Indian, Pakistani, Chinese or other Asian background
   2. African, Caribbean or any other black background
   3. White and Asia, white and black African, white and black Caribbean or any other mixed ethnic background

*Main householder earner’s occupation categorisation is a national standard. For more details on classification please see the Social Mobility Commission’s toolkit (found here).

About Alpha

Alpha Financial Markets Consulting (Alpha FMC) is a leading global consultancy to the Insurance and Asset and Wealth Management industries. We are a boutique management consulting firm that offers a competitive edge through our unrivalled industry expertise.

Founded in London in 2003, our firm’s rapid expansion led to a successful IPO in October 2017. 7 years later Alpha is now owned by private equity group Bridgepoint, in a deal worth £626m . Headquartered in the United Kingdom, Alpha have 17 offices across Europe, the United States and in Aisa and Australia. Globally we employ over 1,000+ consultants, enabling us to provide deep expertise to our extensive client base.

At Alpha, we pride ourselves on working hard, delivering client projects of the highest quality, and collaboratively achieving our objectives. Our people are at the heart of everything Alpha accomplishes, which is why we value a healthy work-life balance. Providing a fun and social environment to employees lies at the core of our team bonding. Furthermore, our culture strongly reflects fundamental values of Diversity & Inclusion as well as Corporate Social Responsibility, reflected in numerous industry awards including The Sunday Times “Top 100 Best Large Companies To Work For” in 2021, 2022 and 2023. Please visit our website for more information.

About Insurance Consulting

Alpha’s Insurance Consulting division was established in 2019 to further diversify our firm’s industry footprint, and in 2023 we expanded our Insurance Consulting division to the USA.

The Insurance team works with industry leading insurers and brokers to position their businesses for future success, and are supporting our clients on some of the industry’s most ground-breaking and exciting engagements. Regulation is an ever-present force driving change, but legacy technology issues, digital innovation, large scale transformation programmes and ESG and workforce strategies are additional, emerging challenges that we help our clients to understand and solve in order to thrive.

Within Insurance Consulting UK, we have a fast-growing team of dedicated consultants, with deep experience from working both within the industry and consulting. Successful applicants should expect a diverse range of complex and strategic engagements across the market.

You can read more about the Insurance Consulting division here.

Key Responsibilities 

Alpha’s Summer Interns are provided with a developmental training programme, to provide you with key consulting skills and to help you to get to know your colleagues. Training includes tool-specific and soft skill training, and covers key consulting activities. We also organise a number of social events to warmly welcome you to the Alpha Team.

Following the training programme, you’ll start supporting project delivery for our Insurance clients. You’ll be a key member of a project team, helping our clients to solve their biggest challenges and achieve their goals. You’ll also have the opportunity to support a variety of Business Management areas to help you gain a unique insight into the operations of a consulting business and help to support the day-to-day running of the firm.

Day-to-day activities may include attending client meetings, documenting requirements, preparing client proposals and meeting presentations in PowerPoint, building financial models, and engaging in creative problem solving with Alpha colleagues. If your internship experience is a success, you could be considered to join Alpha for a full time Analyst position after your studies.

Candidate Profile – who we’re looking for

We are looking for talented, diverse candidates who are eager to make an impact and who fulfil the below requirements:

• Penultimate or final year undergraduate students who are able to take part in an 8-week internship from 6 July – 29 August 2026
• Have the right to work in the UK
• Have a genuine interest in consulting in the Insurance industries
• Be highly ambitious, proactive and entrepreneurial, with a ‘can do’ attitude
• Have strong problem-solving skills, with an analytical mindset
• Willingness to be part of a team which enjoys working hard and socialising together
• An interest in assisting with one or more areas of business management
• You meet the diversity requirements for this scheme. Please see the Diversity Requirements section to check if you are eligible

Benefits

We offer a competitive Intern benefits package, including, but not limited to: 

• Competitive gross salary of £3,076 per month
• Laptop and technology provided
• Unrivalled career support through active and structured mentorship and buddy scheme
• A fantastic social environment
• An employer that values diversity, inclusion and social responsibility

Application Process

There are 4 stages to the Alpha FMC Internship recruitment process as follows:

• Online application & CV submission
• Blended assessment & video interview
• Half-day assessment centre
• Final Round Interview

Please note that applications are screened on a first come, first served basis, and we recommend applying as early as possible. The assessment centres / final stages will be held on a rolling basis until all positions have been filled.

We are a disability inclusive employer and want to ensure that you have a barrier-free recruitment experience. If you need adjustments during the recruitment process, or think you might but aren’t sure, you can speak confidentially to our disability partner EmployAbility. Their consultants can advise you on your needs, and with your permission can inform Alpha of your adjustments so that we can put these in place to enable you to perform to your best ability. Please email employability.org@gmail.com

We look forward to receiving your application.