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Not particularly, but then again, no industry looks secure to me right now. That's just the reality of post-AI life. I wouldn't overthink this because there's nothing you can do about it. Focus on nailing the interview and nothing else.
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In my perspective, the insurance industry especially roles like underwriting has generally remained more stable than many other industries. There’s still strong demand for experienced professionals due to retirements so that could also be why you're seeing more job openings.
If you look at the big picture, the insurance industry is always relatively secure. However, layoffs are a real problem. There will always be companies reconfiguring, and perhaps shedding employees in one division or another. Unless you know for certain a specific company is troubled, it's difficult to make informed speculation about job security.
I've always been told that working in a department that is hiring is a good sign. Meaning, they need to fill seats, not shed headcount for expense savings. I tend to agree - I've worked with the same company for 15+ years that has gone through many different org changes and rounds of layoffs. Only the most recent round did Underwriters get laid off, and then it was only the bottom 2% performers.