Where do I stand?

I am into Testing domain. Overall having 7.5+ years of Experience in the industry. 3.6 years of experience in Wipro Limited as a Test Engineer (Insurance Domain) and then 4+ years of experience in UBISOFT as a Game Tester. Now got an opportunity in another organisation where the domain is similar to that of Gaming. There I am given the role of Associate III - Semiconductor Product Validation. Just wanted to know what is this designation? I mean is the Associate III role justified as per my overall experience or is it okay? Tried searching on the internet but didn't find any solid answer! Please let me know. Thank you in advance.