01 - Set the Instant Pot to 'Sauté' mode. Add a splash of oil and sauté the onion and garlic until translucent, about 2 minutes.
02 - Add the chicken pieces and cook for 3–4 minutes, stirring occasionally, until lightly browned.
03 - Stir in carrots, rice, salt, pepper, paprika, and thyme. Pour in chicken broth and mix well. Add bay leaf.
04 - Cancel 'Sauté'. Close the lid, set valve to sealing, and cook on 'Manual' or 'Pressure Cook' mode for 10 minutes.
05 - Once cooking is complete, allow a natural pressure release for 10 minutes, then release any remaining pressure manually.
06 - Open the lid, remove the bay leaf, and stir in peas. Close the lid for 2 minutes to heat the peas through.
07 - Fluff the rice, garnish with chopped parsley, and serve warm.