Alpha FMC | Insurance Consulting Graduate (2027)

Who We Are
Founded in London in 2003, Alpha FMC is the leading global consultancy to the asset management, wealth management and insurance industries, with over 1,000 consultants across 17 offices and 970+ clients worldwide. From strategy and operating model design to data, digital, and technology implementation, we partner with many of the world's largest asset managers, wealth managers and insurers.
At Alpha, you'll work directly with industry leaders, gain exposure to a wide variety of projects and clients, and develop skills that span consulting, technology, operations, strategy, and financial services. While many consultants build expertise within a particular practice area, our collaborative culture encourages learning across teams and disciplines. Most importantly, Alpha is built around its people. We pride ourselves on fostering a supportive, entrepreneurial, and close-knit environment where individuals are empowered to grow their careers, build meaningful relationships, and make an impact from day one. Through comprehensive training, mentorship, social events, and a strong commitment to diversity, inclusion, and community, we strive to create a place where talented people can do their best work and build long-term careers.
What You’ll do
As an Insurance Graduate Analyst, you’ll be part of project teams supporting clients across leading insurers, brokers and insurance market participants. Our consultants help deliver end-to-end transformation, from strategy through to implementation, spanning underwriting, claims, digital engineering and AI & data. No two projects are the same, but your work could include:
Analysing business and claims data, conducting market and regulatory research, and building presentations for a range of stakeholders, including senior client leadership
Understanding the transformational role and impact of AI across the insurance industry in areas such as distribution, underwriting and claims
Taking on project management tasks depending on the project, such as organising meetings, tracking actions and risks, and overseeing project plans
Helping build proposals and materials that win Alpha new work, and generating ideas for how our services evolve
Projects can range from a few weeks to 18 months, giving you exposure to different types of client relationships and team sizes
Getting involved in firm-wide initiatives such as recruitment, wellbeing or diversity and inclusion, giving you the chance to build experience beyond client delivery
From the start, you’ll gain hands-on experience and learn how consulting projects are delivered in practice. As your confidence grows, so will your level of responsibility.
The UK insurance team is building fast and you will have the opportunity to work closely with the leadership and wider team as we develop and grow as a practice.
What You Will Learn
All new Analysts take part in our two-week Alpha Analyst Training Programme, designed to give you a strong foundation in:
Excel and PowerPoint
Core consulting skills
Financial and cost modelling
Stakeholder management
Producing high-quality client deliverables
Communication and soft skills
We’ll also fund and support you to complete relevant professional qualifications.
Alongside formal training, you’ll learn every day by working with experienced colleagues and receiving ongoing support and feedback.
Who We’re looking for
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:
Be predicted or have achieved, a 2:1 or above, in any degree discipline and from any university
Be available to start full time in September 2027
Have a genuine interest in consulting and the insurance industry
Enjoy solving problems and thinking analytically
Will be proactive, curious and eager to learn
Communicate clearly and work well with others
Be excited by working in a collaborative, high-performing and sociable environment
We welcome applications from graduates of all academic backgrounds; you do not need to have studied a finance-related subject or completed a relevant internship to apply.
Benefits
£40,000 base salary plus discretionary profit share
25 days annual leave plus bank holidays
Private Medical Health Insurance
Life Insurance
Income Protection Insurance
Critical Illness Insurance
Sponsorship towards professional certification
We're committed to ensuring that financial circumstances don't limit access to our opportunities. As part of the interview process, you may be required to travel for an in-person interview and/or assessment centre. Travel costs of up to £100 will be reimbursed for this.
Applications will close on Sunday 1st November 2026 but please note that we recruit on a rolling basis so applications may close sooner.