Alpha FMC | Insurance Consulting Intern (2027)

Who Are We:

Alpha is the leading global consultancy to the insurance, asset, and wealth management industry. We are a boutique management consulting firm that offers the world’s top insurers a competitive edge through our unrivaled expertise and industry insight. Our firm was founded in 2003 at its London headquarters, and its rapid expansion led to a successful IPO in October 2017. Alpha’s success as a public company then led to a purchase by private equity firm Bridgepoint in 2024. Alpha has grown to over 1350+ consultants globally, including an expeditiously growing team in North America. Alpha has offices in the US, Canada, Europe, and APAC. 

We cover a broad range of industry segments, including property & casualty, life & annuity, health, brokers and re-insurers. Our business supports clients with strategy, management, and technology consulting across the value chain through multiple propositions including operations transformation, technology strategy, planning & transformation, distribution management, underwriting, service, finance, and claims. Successful career paths at Alpha allow you to work as a generalist who supports clients across these practices; or specialize and support clients within a specific practice area. 

At Alpha, diversity, equity, and inclusion is critical to our success, and we are committed to employing individuals from all backgrounds to reflect the multi-faceted society we live in. We have worked hard to foster an environment that welcomes everyone and celebrates each other’s successes. We aspire for Alpha to not only feel like ‘a job’ – but a close-knit community and the place where you want to build a career.

Our people are at the heart of everything Alpha accomplishes, and we pride ourselves on working hard, delivering at the highest caliber, and achieving our objectives through collaboration. Among the benefits our vibrant firm offers, our focus on providing a supportive and social environment to employees lies at the core of our values. Our community-oriented culture reflects 

What makes us different?  

• Established yet entrepreneurial –  We believe that Alpha is the perfect combination of a successfully established firm (founded in 2003) whilst being entrepreneurial, dynamic, and growing. This means, your contributions are not only impactful and valued, but you also have the support of a top-tier organization with rapid growth and progression opportunities  
• Work alongside the best in the industry –  Working at Alpha gives you the opportunity to work alongside both the leading organizations in our industry, and also experts within the Alpha team. Learning directly from both will allow you to accelerate the development of your own expertise in the insurance space 
• Industry experts –  As industry specialists, it allows members of the Alpha team to develop a deep and thorough understanding of the insurance industry, allowing you to engage with clients across all levels including the c-suite from day 1 of your career
• We invest in developing your talent –  We run tailored training for all levels and support our talent with industry-leading qualifications. To support ongoing learning and development, we also offer up to 5 days of paid training time per year 
• A true meritocracy –  At Alpha, we don’t have any concept of ‘time at level’ or promotion quotas – which means that your potential is truly driven by your performance, and you are in charge of your own career trajectory  
• High responsibility and autonomy –  Each member has a high level of responsibility and autonomy on every project, as well as exposure to senior team members (e.g. Partners) who continuously support, train and develop you 
• You share in our success –  We have a profit share scheme enabling everyone to share the firm’s success 
• Culture and community –  We pride ourselves on creating a supportive, nurturing environment where people can be themselves 

About the North America Internship Program

Our Internship Program offers an unparalleled platform to enable rapid career development. You will join our Toronto office for 10 weeks from June to August to work directly with our clients and have the opportunity to gain hands-on consulting experience and skills through direct exposure to senior management teams within some of the world’s largest insurers, while simultaneously supporting key internal initiatives.

New Interns starting at Alpha FMC are provided with a developmental three-day ‘Alpha Internship Training Program’ designed to provide you with key consulting skills as well as a solid network within your cohort. The Training Program will consist of the following: tool-specific training (e.g. Excel charting/PowerPoint design); soft skill training (e.g. time management, leadership, presentation skills); ‘Management Consulting 101’ (including project management skills and effective stakeholder management); and ‘Introduction to Insurance’. You will have the opportunity to meet and learn directly from a range of Alpha Subject Matter Experts who will present client projects and explain the different focus areas within Alpha.

Following the Internship Training Program, you will likely be working on a client engagement with a small to medium sized team (2 to 6 consultants). The engagement may be located across North America and could require travel, with costs covered by Alpha. Engagements vary in focus — some are technology-driven (e.g., systems implementation, data and digital transformation) while others center on strategy, operations, or distribution — so no specific technical background is required, and we welcome applicants from all majors and academic disciplines to apply. As advisors to the world’s top insurers, you’ll be working alongside senior executives from the industry and helping them to solve their most challenging business problems and achieve their goals.

Alpha believes in supporting its employees through development and coaching – you will receive frequent mentoring from your colleagues. This will include a senior colleague from Alpha North America who will help you grow and achieve your career goals. Additionally, you will have an Alpha Buddy at the Analyst or Consultant level to assist with your onboarding and integration into the firm. At the end of your internship, you may receive an offer to join us as a full-time Analyst after the completion of your degree.

Intern Roles and Responsibilities

At Alpha, you will work in teams to identify and implement business and technology solutions for a range of issues facing insurers. Over the course of the summer, you will collect and analyze data, prepare, and test hypotheses, and present recommendations to the client to solve their unique business challenges.
As an Intern you will be responsible for:

• Following the project delivery plan and producing accurate, complete, and timely deliverables to support your project team
• Supporting the creation of client deliverables by assisting in the facilitation of client meetings and workshops, maintaining project plans, performing analysis in Excel, and providing effective content creation (e.g., PowerPoint)
• Developing meaningful and successful relationships with clients and vendors by acting as a helpful and respectful point of contact for stakeholders
• Contributing to the wider Alpha community by participating in one or more of Alpha’s business management or practice areas
• Maintaining a high-level understanding of the challenges facing the Insurance Industry

Qualifications — All Groups

Who We're Looking For

This opportunity is open to undergraduate and non-MBA master's students graduating between September 2027 and June 2028.

We're looking for highly motivated individuals who are excited by problem-solving, consulting, and the opportunity to make an impact from day one. Successful candidates will typically demonstrate:

• A genuine interest in financial services, consulting, and helping clients solve complex business challenges
• Strong analytical and problem-solving skills, with the ability to think critically and approach problems in a structured way
• Intellectual curiosity and a desire to continuously learn, develop, and take on new challenges
• An entrepreneurial, collaborative, and "builder" mindset with a willingness to roll up your sleeves and contribute wherever needed
• Excellent written and verbal communication skills, with the ability to articulate ideas clearly and confidently
• Strong organizational skills and the ability to manage multiple priorities in a fast-paced environment
• Leadership experience through academic, professional, extracurricular, athletic, volunteer, or personal pursuits

In addition, candidates must:

• Be available for the duration of the internship: June 14, 2027 – August 20, 2027
• Be willing and able to work from our Toronto office for the duration of the internship, with an expectation of ~3 days per week in-office
• Be willing to travel as needed for client engagements, workshops, and team events (significant travel is not typically required)

Compensation

As an Intern, you will receive a base salary of $35 CAD/hour

Recruitment Process

1. Application
   Submit your application, resume, and preferred practice area(s).
2. Assessment
   Following the application deadline, eligible applicants will be invited to complete the CCAT and EPP assessments. Together, these assessments should take approximately 20–30 minutes to complete, and candidates will have around five days to submit them.
3. One-Way Video Interview
   Selected candidates will advance to a one-way video interview. This stage should take approximately 5–10 minutes and will focus on your interest in Alpha, your understanding of the firm, and how your experiences and background align with consulting.
4. Behavioral Interview
   Behavioral interviews will be conducted virtually via Microsoft Teams and will last approximately 30 minutes. During this conversation, we'll explore your background, motivations, and interest in Alpha, along with a few traditional behavioral questions. Please be prepared to discuss your experiences and how you would contribute to the firm. Interviewers may come from outside of your selected practice area(s), as we take a firmwide approach to evaluating talent.
5. Final Round Interview
   The final stage is a 30-minute interview with senior leadership from your selected practice area(s). This conversation is an opportunity for us to learn more about you and for you to gain additional insight into the team and role.