Claim: Actuarial credentialing and exams are the same in both the United States and Australia, and in some countries takes place in the university setting.
Evidence: Dependent on which society a student chooses to pursue, there are anywhere from six to seven preliminary exams. The exam-based curriculum is in three parts. 
In others, such as the U.S., most study takes place during employment through a series of examinations. In the UK, and countries based on its process, there is a hybrid university-exam structure.