Heat olive oil in pan. Add chicken and cook until light brown on both sides. Season with salt and pepper.
Add 3 cups water to pan, cover and simmer chicken on medium high heat until cooked through, about 10 minutes.
Remove chicken and set aside. In same pan, add onion,carrots, chilies, garlic, cumin and Rotel to juices, and add enough broth from carton until vegetables are covered.
Simmer for 10-15 minutes, until vegetables are tender. Chop the chicken. Add chicken, beans, corn and lime juice to vegetable mixture in pan with all remaining broth.
If additional chicken flavor is needed, add some chicken flavoring to taste. Salt and Pepper. Garnish with fresh cilantro.