In a large pot, heat the olive oil over medium heat. Add the diced onion and cook until translucent, about 5 minutes.
Stir in the minced garlic, bell pepper, and carrots. Cook for an additional 3-4 minutes until the vegetables start to soften.
Add the ground cumin, chili powder, and smoked paprika. Stir well and cook for 1 minute to toast the spices.
Pour in the chicken broth and bring to a boil. Reduce the heat and let it simmer for about 10 minutes.
Add the shredded chicken, corn, diced tomatoes, and green chilies to the pot. Stir to combine and let it simmer for another 5-7 minutes until heated through.
Season with salt and pepper to taste.
Serve hot, garnished with fresh cilantro and lime wedges.
Notes
You can add avocado or tortilla strips for extra flavor and texture.