Sharrad Maheshwari

Head of Finance @Edelweiss Life Insurance

Mumbai, MH, IN
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WORK HISTORY

Aug 2020 — Present

Head of Finance @Edelweiss Life Insurance

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Mumbai, IN

Key Profile• Institutionalise Financial Governance and Process• Driving a culture of Cost Optimization to meet EOM• Enabler for Business Growth and Profitability.• Stakeholder Management on Financial matters - Audit Committee, Holding Company, Statutory Authorities, Regulators

EDUCATION

N/A

The Institute Of Cost Accountants Of India

Associate's degree, Cost

1992 — 1996

Institute of Cost Accountants of India

CWAI, Cost Accountancy

1978 — 1988

Scholars Academy , Malad, Mumbai

SSC, English

1989 — 1994

Narsee Monjee College of Commerce and Economics

B.Com, Commerce and Economics

1994 — 1998

The Institute of Chartered Accountant of India

CA, Economics

ABOUT SHARRAD MAHESHWARI

I have spent 25 years doing one thing really well — helping insurance and financial services organisations build finance functions that are strong, compliant, and genuinely useful to the business.That journey has taken me from CA articleship in Mumbai, through the Aditya Birla Group and PricewaterhouseCoopers, to nearly a decade at PNB MetLife and now Edelweiss Life Insurance, where I currently lead Finance, Accounts, Taxation, Treasury, Administration and Procurement as Head of Finance – SVP.Along the way I have learned that the best finance teams are not just scorekeepers — they are the people in the room who ask the question nobody else is asking, who catch the problem before it becomes a crisis, and who build systems that keep working long after the project is over.Some things I am proud of: Delivered INR 50+ crore in recurring cost savings across Edelweiss and MetLife — not through one big cut, but through disciplined, sustained transformation Led Project Sanchay, achieving 15% annual reduction in EOM regulatory costs for three consecutive years Maintained 100% IRDAI compliance across multiple regulatory inspections and tenures — including leading a GST inspection with zero business impact Sustained clean audit ratings for over a decade while managing Audit Committee and Board reporting Implemented the COSO Risk Framework at MetLife, preventing ₹2 crore+ in fraud annually — and played a direct role in turning the company profitable Built and led finance teams from 5 to 60+ people, with low attrition and a strong culture of ownershipWhat I bring beyond the numbers:I am deeply comfortable with complexity — whether that is navigating IndAS 117, US GAAP, and Indian GAAP simultaneously, leading an investment system migration, implementing IFRS and FATCA, or building a Dataverse analytics platform from scratch. But I am equally focused on the people side — I believe a finance team’s culture is as important as its controls.

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Sharrad Maheshwari — Head of Finance at Edelweiss Life Insurance in Mumbai, MH, IN | Unifers