Setup HomePod with Managed Apple ID

I have the same issues that was previously raise here Setup HomePod with Managed Apple ID - Apple Community but it would not let me reply to that thread.

I use an Education iPad/ iPhone with Managed Apple ID. I need to setup a HomePod but during setup, asks me to review account security. MFA is already setup on my Managed Apple ID, complex password in place and no other option to add more security. Is it just because it's a Managed Apple ID? Will this prevent me from setting up a HomePod?