The Belgium international made the move to Merseyside from Sunderland on Tuesday, signing a long-term contract with the Reds after successfully completing a medical at Melwood.
Speculation has been rife that the ex-Black Cats shot-stopper will replace Reina between the sticks, but with manager Brendan Rodgers adamant the Spaniard is going nowhere, Mignolet is now set to battle it out for a starting berth – a challenge he is relishing.
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“I've been in big competitions wherever I've been - in Belgium with the national team and in Sunderland with Craig Gordon and Keiren Westwood, who are international goalies. Now it's the same again with Pepe and with Brad.
“It's only a good thing - to be competitive and to train as hard as you can, it can only bring the best out of you.
“Pepe is an experienced goalkeeper who has proven a lot over the years. I'm looking forward to working with him, the same as I am with Brad and the goalie coach.
“It's a challenge but that's what you want. You want to play in the big games, you want to play for a big club and to play with pressure.
“I'm very confident in myself and I can't wait to get the first clean sheet under my belt. I've never been a nervous person. I'm quite confident in my own abilities.”