Randal J. Freitag, FSA, MAAA

Executive Vice President, Chief Financial Officer and Head of Individual Life


Randal J. Freitag is executive vice president and chief financial officer for Lincoln Financial Group. In this role, he provides executive leadership to corporate finance, treasury, corporate tax, corporate actuarial, audit, procurement and investor relations. In addition, he works closely with senior leaders throughout the company to develop strategies to position the company for the future.

In addition to his role as Lincoln’s chief financial officer, Freitag assumed oversight responsibility for the company’s Life Insurance business in June of 2017. 

Freitag has served in a number of roles at Lincoln Financial and Jefferson Pilot since joining the company in 1995. He was named chief risk officer in 2007 with overall responsibility for enterprise risk management, capital and liquidity management, equity risk management and treasury.

Prior to serving as chief risk officer, Freitag was senior vice president of product risk and profitability management for the individual life and annuities businesses. His areas of responsibility included financial management, asset liability and equity risk (variable annuity hedging) management. Freitag has also served in the corporate actuarial area where his role included mergers & acquisitions, rating agency relations and capital allocation. Prior to joining Lincoln Financial, Freitag held various actuarial roles.

He holds a B.A. degree in Mathematics from the University of Minnesota and is a fellow of the Society of Actuaries.