Heat olive oil in a large skillet over medium-high heat.
Season steak pieces with salt, pepper, and half the taco seasoning.
Sear the steak on all sides until browned, about 3–4 minutes. Remove and set aside.
Add minced garlic to the same skillet. Sauté for 30 seconds.
Pour in beef broth, remaining taco seasoning, Rotel, corn, and jasmine rice.
Bring to a boil, then cover and reduce heat to low. Simmer for 15–18 minutes until rice is tender.
Stir in shredded cheese and queso dip until creamy.
Return steak to the pan and gently combine.
Garnish with chopped cilantro and serve warm.