Lampard has been linked with a number of posts since his departure from Stamford Bridge, including with managerial roles at West Brom and Crystal Palace as well as the England U21 hotseat.
And despite being axed by his former club, the ex-Derby boss insists the hunger and the desire to tackle the challenges of being a manager remains.
"I am certainly not put off [becoming a manager again]," he said.
"I love the job and the challenge of it. I had two great experiences at Derby and then at Chelsea and I would love to get back in but at the right time and at the right moment.
"Obviously you never want to lose a job, I was in pretty good company at Chelsea.
"But it happens, it is the brutal reality of football at the top level, but with reflection having been out for a few months now, it has been nice to actually spend some time out of game.
"I am pretty proud of the job I did, it was an honour to manage the club."