No, I can't. Your description of what you want sounds just like the existing "insert" behavior. It puts the searched song right there and then continues the playlist like you want.

But insert mode doesn't change the current index: Jim 55063 wants to be on track 20/133 of a running order, do a search constrained to the contents of the current running order only, and, supposing the song is found at position 101, to commence playing it at position 101/133. This is not much like any existing functionality, but IIRC it has been asked for before. It's a bit like searching ahead in Now & Next on the Karma, except more automated.

Peter