An apparatus for use in a wellbore includes a drill string section, a drive shaft disposed in the drill string section, a bearing assembly connected to the drive shaft, and an alignment assembly connecting the bearing assembly to the drill string section. The alignment assembly has a first alignment member and a second alignment member slidingly engaging one another to allow at least a portion of the bearing assembly to tilt relative to the drill string section. A related method includes the steps of positioning a drive shaft in a drill string section; connecting a bearing assembly to the drive shaft using the alignment assembly, the alignment assembly having a first alignment member and a second alignment member; and allowing at least a portion of the bearing assembly to tilt relative to the drill string section using the alignment assembly by having the first alignment member and the second alignment member slidingly engage one another.