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Step 1
Pat chicken dry with paper towels. Rub the chicken with 1 tablespoon oil; sprinkle with pepper, salt, tarragon and thyme. Place garlic cloves inside cavity. Loosely tie the legs together with kitchen twine and tuck the wings under.
Step 2
Place water in the bottom of a programmable pressure multicooker (such as an Instant Pot; times, instructions and settings may vary according to cooker brand or model). Place rack in the cooker; place the chicken, breast-side up, on the rack. Cover the cooker and lock the lid in place. Turn the steam release handle to Sealing position. Select Manual/Pressure Cook setting. Select High pressure for 20 minutes. (It will take 10 to 15 minutes for the cooker to come up to pressure before cooking begins.)
Step 3
When cooking is complete, let the pressure release naturally for 10 minutes. Then, carefully turn the steam release handle to Venting position and let the steam fully escape (the float valve will drop; this will take 4 to 5 minutes).
Step 4
Transfer the chicken to a cutting board; let rest for 10 minutes. Cut the chicken into 2 thighs, 2 drumsticks and 2 breasts; arrange on a platter. Drizzle with the remaining 2 tablespoons oil; sprinkle with parsley.