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The U.S. Department of Labor predicts that employment for underwriters will decline by 11 percent through 2024. The increasing use of underwriting software programs has made workers more productive (reducing the need for these professionals), but underwriters will still be needed to evaluate automated recommendations (especially in complex or specific fields, such as marine insurance). There will also be demand for skilled underwriters in response to the increasing population and growth of businesses that need insurance services.
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