Begin by seasoning the chicken breasts with salt, pepper, and paprika on both sides.
In a large skillet, heat olive oil over medium heat. Add the chicken breasts and cook for about 6-7 minutes per side, or until golden brown and cooked through. Remove from the skillet and set aside.
In the same skillet, add the chopped onion and garlic. Sauté for about 3-4 minutes, until the onion becomes translucent and fragrant.
Stir in the rice and dried thyme, allowing it to toast for about 2 minutes.
Pour in the chicken broth, stirring well to combine. Bring it to a simmer and then reduce heat to low, cover, and let it cook for 15-20 minutes until the rice absorbs the liquid and is tender.
Once the rice is cooked, add the heavy cream and frozen peas and carrots to the skillet, stirring to combine. Return the chicken to the skillet, nestling it into the creamy rice mixture.
Cover and let it simmer for an additional 5-10 minutes on low heat to allow the flavors to meld and the sauce to thicken slightly.
Taste and adjust seasoning with additional salt and pepper if needed.
Notes
Serve in shallow bowls, garnished with parsley and lemon wedges.