An LED module includes a circular body member for mounting in a lighting assembly or luminaire that can be oriented in an opening in the luminaire by rotating the module about a center axis to a predetermined position to direct the light in a selected pattern. A mounting assembly captures the LED modules between top and bottom mounting members. The LED modules include a heat conducting body coupled to the mounting assembly to conduct heat away from the LED and PCB. A top side of the LED body cooperates with the mounting assembly. A bottom side of the LED body has a cavity supporting a PCB with a plurality of LEDs. A lens body is coupled to the bottom side of the body of the LED module to direct the light to the target area.