The Hunting Level refers to the level your hunter is in-game. A player's level will determine what weapons he/she may use or the callers they may obtain.
The current level cap is 60 with maximum Skill and Perk Points capped at 22 each. There are no current plans to increase these amounts.
With every new level reached, the player receives a point they can spend on skills or perks. Skill points and perk points alternate, so with each new level reached the player either earns a skill or a perk point. This is only true up until level 37; from level 37 on, the player only gets a point every 3 levels.
The game is intentionally designed not to grant the player with all skills and perks upon reaching the maximum level. Otherwise, the game would stop becoming challenging once you reach it. You have to choose which skills and perks suit your hunting style and you will have the option to reset the points for in-game cash.
Your Skill and Perk points do not necessarily equal the number of Skills and Perks unlocked. Some of them are divided into 2, or even 4, levels, consuming one point each.