heat oil in a large heavy skillet over medium-high heat.
Season the cubed chicken with seasoning salt and pepper, then brown on all sides; remove to a plate.
Add in the smoked sausage and brown slightly; remove to the plate with the chicken.
Add in the onions, garlic, red bell peppers, oregano, paprika and cayenne pepper; saute for about 3 minutes.
return the chicken and sausage back to the skillet and saute for another 2 minutes.
Add in uncooked rice; stir to coat.
Add in 2 cups chicken broth, tomato sauce and hot sauce (if using) mix to combine and bring to a boil, cover the skillet (or pot).
reduce the heat to medium-low and simmer until the rice is tender and the liquid is absorbed, about 25 minutes (adding in more both if the mixture seems too dry).
Mix in the peas and cook until heated through (about 2 minutes).
Season with salt and pepper.