When you perform require("esm")(module), think of it as you are creating an esm-transformer function that is pending a file to be transformed into an ES module.
Here's my attempt with node v8+ with:

utils-1.js:
export const add = (a, b) => a + b;
utils-2.js:
export const multiAdd = array => array.reduce((sum, next) => sum + next, 0)
_test_/utils-1.assert.js
import { add } from '../utils-1';
describe('add(a,b)', () => {
it('should return the addtion of its two inputs', () => {
expect(add(1,2)).toBe(3);
});
});
_test_/utils-2.assert.js
import { multiAdd } from '../utils-2';
describe('multiAdd(<Number[]>)', () => {
it('should return a summation of all array elements', () => {
expect(multiAdd([1,2,3,4])).toBe(10);
})
});
_test_/utils.test.js
const esmImport = require('esm')(module);
const utils_1 = esmImport('./utils-1.assert')
const utils_2 = esmImport('./utils-2.assert')

Hope this helps!