You can use a generator expression:
>>> dicts = [
... { "name": "Tom", "age": 10 },
... { "name": "Mark", "age": 5 },
... { "name": "Pam", "age": 7 },
... { "name": "Dick", "age": 12 }
... ]
>>> next(item for item in dicts if item["name"] == "Pam")
{'age': 7, 'name': 'Pam'}
If you need to handle the item not being there, then you can do what user Matt suggested in his comment and provide a default using a slightly different API:
next((item for item in dicts if item["name"] == "Pam"), None)
And to find the index of the item, rather than the item itself, you can enumerate() the list:
next((i for i, item in enumerate(dicts) if item["name"] == "Pam"), None)
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