Heat olive oil in your skillet over medium heat. This gets everything ready to brown nicely.
Add chicken chunks and cook until browned, about 5 to 7 minutes. You’ll see the edges turning golden and smelling amazing.
Stir in diced red and yellow bell peppers and cook another 3 to 4 minutes until veggies are soft but still have a little bite.
Add black beans, corn, salsa, diced green chiles, and white rice. Stir it all to combine well so the flavors start mingling.
Pour in vegetable broth and water, then turn the heat up until it comes to a boil. This preps everything for proper pressure cooking.
Secure the lid and wait for pressure build. When the valve hiss sounds, reduce heat to low for a gentle simmer.
Let it cook covered for about 20 minutes until the rice soaks up all the liquid and chicken is cooked through. Use slow release if you got a bit more time, or quick release if you want to stop it fast.
Fluff the rice with a fork, sprinkle cheese on top, and cover again for a couple minutes so the cheese melts. Then garnish with green onions and cilantro before serving hot.
Notes
Store leftovers in an airtight container for up to 3 days for fridge or use freezer-safe containers for longer storage. Reheat with a splash of broth to keep it moist.