Season the Shrimp: In a bowl, toss the shrimp with olive oil, Cajun seasoning, smoked paprika, salt, and pepper until evenly coated.
Cook the Shrimp: Heat a large skillet over medium-high heat. Add the shrimp and cook for 2-3 minutes per side until pink and slightly charred. Remove from the skillet and set aside.
Sauté Vegetables: In the same skillet, heat olive oil over medium heat. Add onion, red bell pepper, and garlic, and sauté for 3-4 minutes until softened.
Add Rice: Stir in the rice, toasting it lightly for 1-2 minutes with the vegetables.
Cook Rice: Pour in the chicken broth and diced tomatoes. Season with Cajun seasoning, cayenne pepper, thyme, salt, and pepper. Mix well and bring to a simmer.
Simmer: Cover the skillet and reduce heat to low. Let the rice cook for 15-20 minutes, stirring occasionally, until tender and the liquid is absorbed.
Combine: Add the cooked shrimp to the skillet and gently fold them into the rice mixture. Cook for another 2-3 minutes to meld the flavors.
Garnish and Serve: Garnish with chopped parsley and serve with lemon wedges for a fresh, tangy finish. Enjoy!