Levine, whose TV credits include 4 Music series Pop Up Pop Quiz and Celebrity Bites, has landed the job of replacing Davina McCall, according to the Daily Star.
Levine is a relative unknown, but she has apparently impressed producers with her bold style and they believe she will be a hit with the show's fans.
Emma Willis, Brian Dowling, Stacey Solomon and Myleene Klass were previously linked to the series, but Channel 5 has yet to confirm any details about presenting duties.
Celebrity Big Brother starts next month. The non-celebrity version will follow in September.
> Who should be the new Big Brother host?
Watch Alice Levine's showreel below: