Heat olive oil in pan over medium heat. Add chicken and cook until light brown on both sides, about 2 minutes per side. Season with salt and pepper while cooking.
Add 3 cups cold water to pan, cover and simmer chicken on medium high heat until cooked through, about 8 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 about 10 minutes, or until vegetables are tender.
Chop the chicken. Add chicken, beans, corn and fresh lime juice to vegetable mixture in pan with remaining broth. If additional chicken flavor is needed, add some chicken flavoring to taste. Salt and Pepper. Garnish with fresh cilantro.
Serve with tortilla chips, guac, grated cheese, sour cream.