Turn your Instant Pot on the sauté setting. Add the olive oil to the inside of the Pot. Sauté the diced onion and bell pepper for 2 minutes. Add the minced garlic and saute for additional 30 seconds. Then turn the sauté setting off.
Next add the spices (chili powder, cumin, oregano, salt, and black pepper) and stir with the vegetables. Then add the beans, corn, green chiles and the chicken broth. Gently stir everything together.
Lay the chicken breasts directly on top of the beans and veggies. Do not stir the chicken with the rest of the mixture at this point. Just lay them on top.
Now add the cream cheese chunks to the instant pot around the chicken breasts.
Close the Instant pot lid, seal the pressure release valve, and pressure cook on high for 20 minutes.
After 20 minutes allow the Instant Pot to naturally release its steam for 10 minutes, then quick release any remaining steam.
Remove the chicken breasts from the Instant pot and shred with two forks. Add the shredded chicken back to the chili mixture and stir to combine. Keep stirring making sure all of the cream cheese is fully melted.
Now stir in fresh lime juice and add fresh chopped cilantro. Serve with your favorite toppings and enjoy!
Notes
Don't have an Instant Pot? No worries. Stove top instructions are listed above.
Easily make this dairy-free by using dairy-free cream cheese.