Turn instant pot to saute function. While IP is heating, sprinkle beef with 1 tsp salt.
Sear stew meat for 1-2 minutes in hot instant pot, working in batches.
While beef is cooking, whisk together cumin, chili powder, salt, cinnamon, coriander and paprika. Prep veggies.
After meat is seared, return all beef to pan and sprinkle with seasoning blend.
Top with diced peppers, onions, garlic, tomatoes, and bay leaf.
Place lid on instant pot, and pressure cook on high for 60 minutes. ( I use the stew/meat function, and adjust the time to 60minutes).
Allow instant pot to naturally release. This should take approximately 15 minutes.
Remove lid from instant pot and turn to saute function. Stir in frozen corn and allow to simmer for 10-15 minutes.
Ladel into bowls and serve with your favorite toppings!