[Plugin JWPlayer for WordPress] Use shortcode as embed

Hi, I¨m using JWPlayer for wordpress and I also decided to use this theme: https://templatic.com/freethemes/video/ but to use it’s functions I need to insert only embeded video. So here’s the problem. This theme can only take embeded videos but my videos are in shortcode format of JWPlayer. Is there any possibility to transder shortcode to embed? I need JWPlayers functions like Captions. Thanks.