Justin Daniel Moers, managing director with Munich Re Reserve Risk Financing Inc., is today’s featured Forty Under 40 honoree.
Moers began his career as a public accountant for EY. After only one year as a staff auditor with the firm, he was trusted to supervise the execution of an audit involving a public oil and gas company, which he said generally requires three years of experience.
In 2015, Moers joined Munich Re Reserve Risk Financing as the small E&P credit business was starting up and has helped lead its marketing efforts to make a name for the firm. To date, he has helped lead its marketing efforts to make a name for the firm, leading structuring and execution on behalf of Munich in the successful closing of nearly $1 billion in E&P financing.
“I joined Munich Re in 2015 to join a nucleus of individuals seeking to launch an E&P credit business,” he said. “It was an entirely new initiative, and we were under a lot of pressure not only to demonstrate the program’s viability but also to deliver results.”
“We started with just a few individuals and built out all the underwriting processes and methodologies and developed a go-to market strategy in what proved to be a transitional period for the industry and its traditional financing sources,” he continued. “There were certainly some missteps along the way, but I am very proud of what we’ve achieved to date and remain optimistic with respect to the future of the program.”
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