Owens is delighted Carragher is back in the England squad for this month's World Cup.
He told liverpoolfc.tv: "Jamie's been at The Academy a lot gaining his UEFA 'B' badge.
"It would be great to see him involved with the coaching and management at first team level one day.
"That's why I believe he decided to go back with England. Jamie is a football man and the chance to work with Capello will have been too good to turn down. He'll be watching his every move at the World Cup."