September Internship Program – FSI Insurance

Location: Madrid

About Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M;) for leadership, action and results. Privately held since its founding in 1983, A&M; is a leading integral professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.

With over 12,000 people providing services across six continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders and their teams leverage A&M;’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world‑class consultants, former regulators and industry authorities with a shared commitment to telling clients what is really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.

Alvarez and Marsal’s dedicated Insurance professionals work with insurers, reinsurers, brokers and other companies in the insurance market to support them with their strategic and operational challenges. Working directly with company management, A&M;'s involvement reassures all stakeholders that the company is taking important steps to address maximising its value and achieving its strategic objectives.

Purpose of the role

Alvarez & Marsal’s Insurance business is a rapidly growing high‑performance European team. We are currently looking for two Interns to join our Iberia team in September.



You will have the opportunity of working across the entire value chain of insurers, supporting our clients in their strategy, distribution, value proposition and post‑sales challenges.

A&M; Insurance has a unique delivery model that enables junior members of the team to gain extensive exposure to Managing Directors and Senior Directors, thereby empowering individuals to fast‑track their careers and development. As an Intern, you will be working closely with the rest of the team and gain on‑the‑job learning and development, leveraging their substantial experience.

Responsibilities

- Active part of the teams helping all types of companies in the insurance market achieve their strategic and operational objectives.
- Assist on producing financial and operational modelling and analysis including P&L; models and projections.
- Assist on synthesising information after research and analysis into high‑quality client reports and recommendations.
- Help to produce integrated models with balance sheet, P&L; and cash flow, identifying key trends and red flags.
- Support Managing Directors and other senior members of the team with client pitch production.
- Find key information on company reporting, know what to look for to understand company business performance and key information.

Requirements

- Studying at a leading university in Business Administration and/or Engineering, or equivalent.
- Excellent analytical and problem‑solving skills.
- Excellent verbal and written communication skills.
- Ability to prioritise – especially in highly pressured situations.
- Some Excel modelling skills.
- Fluent business‑level English and Spanish are essential. Additional European language skills including Dutch, German, Italian or French are highly desirable.
- Strong interest in a career within Consulting.

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📌 Internship - Insurance Financial Advisory Services (Madrid)
🏢 Alvarez And Marsal
📍 Madrid