Dear Grant Moore,
The fact is that your Microsoft 365 admin rights only apply to your cloud tenant (email, Teams, Intune, etc.), which means they don’t automatically make you an administrator on a new PC. To gain local admin rights on your computer, you’ll need to either sign in with the account that was first created during Windows setup (that account is always local admin), or re‑provision the PC so you can join it directly to your Microsoft 365 tenant (Entra ID) and make your business account an administrator.
I hope you would find the suitable path for yourself. If this answer helps in some way, don't forget to accept it so that other people who share the same issue would benefit too. Thank you :)
Vivian